Tsermaa Minjuur
Status: Paying Back
| $2,550 |
Loan Request
Pre-Disbursed
: Mar 4, 2009
Listed: Mar 18, 2009
Funded: Mar 18, 2009
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50% repaid
About the Field Partner
| XacBank administers this loan. Learn more | |||||||
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| Field Partner: | XacBank | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 13 months | ||||||
| Kiva Entrepreneurs: | 1309 | ||||||
| Total Loans: | $1,420,400 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 0.94% | ||||||
| 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 |
| Currency: | Mongolia Tugriks (MNT) |
| Exchange Rate: | 1,581.4000 MNT = 1 USD |
About the Loan
| Location: | Ulaanbaatar, Mongolia | Repayment Term: | 20 months (more info) |
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| Activity: | Butcher Shop | Repayment Schedule: | Monthly | |
| Loan Use: | to buy more mutton | Currency Exchange Loss: | Covered | |
| Default Protection: | Not Covered |
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
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Loan has been disbursed
Location: Ulaanbaatar, Mongolia
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Posted by
from Ulaanbaatar, Mongolia
Mar 19, 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
Feb 2, 2010 |
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Comment on this entry
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Repayment Schedule for Tsermaa Minjuur
Repayment Schedule for Tsermaa Minjuur
| Expected Repayments | Actual Repayments | Comments | |||
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| June 2009 | $141.67 | $141.66 |  Repayment Received
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| July 2009 | $141.67 | $142.38 | Repayment Received
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| August 2009 | $141.67 | $141.06 | Repayment Received
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| September 2009 | $141.67 | $141.58 | Repayment Received
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| October 2009 | $141.67 | $142.74 | Repayment Received
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| November 2009 | $141.67 | $140.60 | Repayment Received
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| December 2009 | $141.67 | $141.67 | Repayment Received
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| January 2010 | $141.67 | $142.84 | Repayment Received
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| February 2010 | $141.67 | $140.62 | Repayment Received
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| 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 | |||
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