Myagmar Uranchimeg


Status: Paying Back

$2,800.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Myagmar Uranchimeg
Location: Ulaanbaatar, Mongolia
Activity: Shoe Sales

About the Loan

Loan Amount: $2,800.00
Loan Use: To purchase more shoes from Beijing, China
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 23, 2009
Date Disbursed: Oct 14, 2009
Date Funded:Oct 23, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,436.8500 MNT = 1 USD



Myagmar Uranchimeg lives with her husband and three children in Ulaanbaatar, the capital city of Mongolia. Her eldest son is 13 years old and goes to a local secondary school, while her two small daughters both go to a local kindergarten.

Uranchimeg sells various summer and winter shoes at a small stall that she rents at the Narantuul market, the largest outdoor market in Ulaanbaatar. She now sells winter shoes for women and men. She mostly purchases her inventory from Beijing, China, where she is able to purchase cheap yet good-quality shoes.

She has been selling various shoes at the Narantuul market for the last nine years and has gained significant experience in retailing shoes. Since the start, she has expanded and owns two stalls at the market. She says that one day she hopes to have her own shoe shop, where she would be able to sell good-quality and fancy shoes for her customers.

She requests a loan to purchase more shoes from Beijing, China.


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Journal entries for Myagmar Uranchimeg


Loan has been disbursed
 
Entrepreneur: Myagmar Uranchimeg
Location: Ulaanbaatar, Mongolia

Thank you for your loan. It has been disbursed to Myagmar Uranchimeg by XacBank in Mongolia. We are excited to watch this business grow. Over the 18 months of this loan, XacBank will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ulaanbaatar, Mongolia
Oct 24, 2009
Comment on this entry

Kiva Help Repayment Schedule for Myagmar Uranchimeg

  Expected Repayments Actual Repayments Comments
January 2010 $155.56 Available Jan 1  
February 2010 $155.55 Available Feb 1  
March 2010 $155.56 Available Mar 1  
April 2010 $155.55 Available Apr 1  
May 2010 $155.56 Available May 1  
June 2010 $155.55 Available Jun 1  
July 2010 $155.56 Available Jul 1  
August 2010 $155.55 Available Aug 1  
September 2010 $155.56 Available Sep 1  
October 2010 $155.55 Available Oct 1  
November 2010 $155.56 Available Nov 1  
December 2010 $155.55 Available Dec 1  
January 2011 $155.56 Available Jan 1  
February 2011 $155.56 Available Feb 1  
March 2011 $155.55 Available Mar 1  
April 2011 $155.56 Available Apr 1  
May 2011 $155.55 Available May 1  
June 2011 $155.56 Available Jun 1