Hatanbaatar Tuvshinbayar


Status: Paid Back

$650.00   Loan Request
$650.00   Paid Back

About the Entrepreneur

Name: Hatanbaatar Tuvshinbayar
Location: Ulaanbaatar, Mongolia
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $650.00
Loan Use: Buy more vegetables and other food products.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 22, 2009
Date Disbursed: Mar 13, 2009
Date Funded:Mar 22, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,579.0000 MNT = 1 USD



Hatanbaatar Tuvshibayar lives with his wife and a three year old son in Ulaanbaatar, the capital city of Mongolia. Their son goes to kindergarten. The photo is of his wife, Munhsarnay at their family business.

With his wife, Hatanbaatar took over his parents' small fresh-vegetable retail business, in a food market in Sharhad, one of the most remote areas of Ulaanbaatar. They have requested a loan to buy more vegetables and other food products.

Hatanbaatar always wanted an apartment with hot running water before his son was born. Although it did not come true, he hopes to one day be able to afford an apartment for his family. His wife, Munhsarnay dreams of running a bakery shop to increase the family income.

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Journal entries for Hatanbaatar Tuvshinbayar


Loan has been disbursed
 
Entrepreneur: Hatanbaatar Tuvshinbayar
Location: Ulaanbaatar, Mongolia

Thank you for your loan. It has been disbursed to Hatanbaatar Tuvshinbayar by XacBank in Mongolia. We are excited to watch this business grow. Over the 12 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 23, 2009
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Kiva Help Repayment Schedule for Hatanbaatar Tuvshinbayar

  Expected Repayments Actual Repayments Comments
June 2009 $54.17 $54.16 Repayment Received
July 2009 $54.17 $54.69 Repayment Received
August 2009 $54.17 $54.19 Repayment Received
September 2009 $54.17 $53.64 Repayment Received
October 2009 $54.17 $433.32 Repayment Received
November 2009 $54.17 $0.00 Repayment Received
December 2009 $54.17 Available Dec 1 Repayment Received
January 2010 $54.17 Available Jan 1 Repayment Received
February 2010 $54.17 Available Feb 1 Repayment Received
March 2010 $54.17 Available Mar 1 Repayment Received
April 2010 $54.17 Available Apr 1 Repayment Received
May 2010 $54.13 Available May 1 Repayment Received