I found this loan, listed in early November, interesting based on the work Bayarsaikhan does (not the use to which the loan would be put). A journal update today brought me back to it. I'm posting it here, although it's not the sort of "impact" we usually mention in this thread....
While Bayarsaikhan's loan is not for his work (it is to insulate and modernize the electricity in his home), the work he actually does is... pretty interesting indeed. (And PS, his loan expires in 4 days, $1925 still needed as of this writing.)http://www.kiva.org/lend/493388
"Bayarsaikhan has been working as a freestyle wrestling coach
since he graduated from the professional university in 1992. From 2006-2012 he worked as the state coach for the Olympic participants of Mongolia
. ... [H]e mentioned that his dream is to bring the Olympic gold medal in freestyle wrestling to Mongolia."
I was surprised to read this loan update today: the loan has been completely paid off after one month.
Mr. Bayarsaikhan has paid his loan prior to established schedule as he has taken back his lent money from his borrower.
I guess it means that he'd loaned $3600 to someone who paid it back this month. It might not be wise to argue with a wrestling coach when he suggests you pay him back the money you owe him.... (And no, the loan description did not mention anything about him being owed enough money that his need for the loan would be negated.)