Tsermaa Minjuur


Status: Paying Back

$2,550.00   Loan Amount
38% repaid

About the Entrepreneur

Name: Tsermaa Minjuur
Location: Ulaanbaatar, Mongolia
Activity: Butcher Shop

About the Loan

Loan Amount: $2,550.00
Loan Use: to buy more mutton
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 18, 2009
Date Disbursed: Mar 4, 2009
Date Funded:Mar 18, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,581.4000 MNT = 1 USD



Tsermaa Minjuur is 44 and married with two children in elementary school. She and her family moved from the countryside to Ulaanbaatar, the capital city of Mongolia, 15 years ago. They sold all of their livestock when they moved, and opened a small butcher business in the city. Tsermaa purchases wholesale meat from the countryside and resells it in her stall in the local market. She is requesting this loan to buy more mutton to resell. One day she hopes to be able to supply meat to her clients on a larger scale. She would like to be able to invest in her children's higher education and purchase an apartment with running hot water in the future.


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Journal entries for Tsermaa Minjuur


Loan has been disbursed
 
Entrepreneur: Tsermaa Minjuur
Location: Ulaanbaatar, Mongolia

Thank you for your loan. It has been disbursed to Tsermaa Minjuur 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
Mar 19, 2009
Comment on this entry

Kiva Help Repayment Schedule for Tsermaa Minjuur

  Expected Repayments Actual Repayments Comments
June 2009 $141.67 $141.66 Repayment Received
July 2009 $141.67 $142.38 Repayment Received
August 2009 $141.67 $141.06 Repayment Received
September 2009 $141.67 $141.58 Repayment Received
October 2009 $141.67 $142.74 Repayment Received
November 2009 $141.67 $140.60 Repayment Received
December 2009 $141.67 $141.67 Repayment Received
January 2010 $141.67 Available Jan 1  
February 2010 $141.67 Available Feb 1  
March 2010 $141.67 Available Mar 1  
April 2010 $141.67 Available Apr 1  
May 2010 $141.67 Available May 1  
June 2010 $141.67 Available Jun 1  
July 2010 $141.67 Available Jul 1  
August 2010 $141.67 Available Aug 1  
September 2010 $141.67 Available Sep 1  
October 2010 $141.67 Available Oct 1  
November 2010 $141.61 Available Nov 1