Hadbaatar Myadag
Status: Paying Back
| $1,325.00 | Loan Amount |
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About the Entrepreneur
| Name: | Hadbaatar Myadag |
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| Location: | Ulaanbaatar, Mongolia |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $1,325.00 |
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| Loan Use: | to buy organs to make oil. |
| Repayment Term: | 20 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Mar 30, 2009 |
| Date Disbursed: | Mar 19, 2009 |
| Date Funded: | Mar 30, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | XacBank |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 10 months |
| Kiva Entrepreneurs: | 811 |
| Total Loans: | $887,300 |
| Delinquency Rate: | 0.38% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Mongolia |
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| Avg Annual Income: | $2,175.00 |
| Currency: | Mongolia Tugriks (MNT) |
| Exchange Rate: | 1,525.5000 MNT = 1 USD |
The family also has a small farm with chickens. In addition, Hadbaatar fixes broken cars during his free time. Hadbaatar is a very hardworking and entrepreneurial man. In the spring, the demand for oil products usually increases.
Hadbaatar's family has four children. The oldest two children are married and live independently from their parents. Today, Hadbaatar lives with his wife and two young children in the Bayanzurh district of Ulaanbaatar, the capital city of Mongolia. Their 21-year old daughter is a student at the local university. Their youngest son is a high-school student.
Hadbaatar requests a loan to buy more organs before the season comes when oil is most in demand. Seen in the photograph is Hadbaatar's wife, Tsetsegmaa, at their organ stall.
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Journal entries for Hadbaatar Myadag
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Loan has been disbursed
Location: Ulaanbaatar, Mongolia
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Posted by
from Ulaanbaatar, Mongolia
Mar 31, 2009 |
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Comment on this entry
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Dear Lenders,
Location: Ulaanbaatar, Mongolia
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Posted by
Munhmandah Ochirsharav from Ulaanbaatar, Mongolia
Oct 19, 2009 |
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Comments (1)
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Repayment Schedule for Hadbaatar Myadag
Repayment Schedule for Hadbaatar Myadag
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| June 2009 | $73.61 | $73.61 |  Repayment Received
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| July 2009 | $73.61 | $73.83 | Repayment Received
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| August 2009 | $73.61 | $73.81 | Repayment Received
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| September 2009 | $73.61 | $73.19 | Repayment Received
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| October 2009 | $73.61 | $75.10 | Repayment Received
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| November 2009 | $73.61 | $72.52 | Repayment Received
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| December 2009 | $73.61 | $73.68 | Repayment Received
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| January 2010 | $73.61 | Available Jan 1 | |||
| February 2010 | $73.61 | Available Feb 1 | |||
| March 2010 | $73.61 | Available Mar 1 | |||
| April 2010 | $73.61 | Available Apr 1 | |||
| May 2010 | $73.61 | Available May 1 | |||
| June 2010 | $73.61 | Available Jun 1 | |||
| July 2010 | $73.61 | Available Jul 1 | |||
| August 2010 | $73.61 | Available Aug 1 | |||
| September 2010 | $73.61 | Available Sep 1 | |||
| October 2010 | $73.61 | Available Oct 1 | |||
| November 2010 | $73.63 | Available Nov 1 | |||
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