Shiilegtseren Surenhorol


Status: Paying Back

$1,450.00   Loan Amount
87% repaid

About the Entrepreneur

Name: Shiilegtseren Surenhorol
Location: Arvayheer, Uvurhangay, Mongolia
Activity: Mobile Phones

About the Loan

Loan Amount: $1,450.00
Loan Use: to purchase mobile phones for re-sale
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 12, 2009
Date Disbursed: Apr 20, 2009
Date Funded:May 17, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,402.5000 MNT = 1 USD



Shiilegtseren Surenhorol is 27, married, and the mother of two children, ages 2 and 9. Her family lives in a rental place in Uvurhanghay, one of Mongolia's central provinces. In 2001, Shiilegtseren started a retail business selling used clothes from a rented stall. Then after 7 years, she started selling mobile phones and their accessories at the central market.



Shiilegtseren goes to Ulaanbaatar, the capital city, once every month to buy mobile phones and accessories at cheap prices. Her husband Seesreg has a mini-bus that transports passengers along various routes in the city. Shiilegtseren dreams of having her own market in the future. Her hope is to help her children lead a healthy life. She requests a loan to buy mobile phones to increase her business inventory.



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Journal entries for Shiilegtseren Surenhorol


Loan has been disbursed
 
Entrepreneur: Shiilegtseren Surenhorol
Location: Arvayheer, Uvurhangay, Mongolia

Thank you for your loan. It has been disbursed to Shiilegtseren Surenhorol 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 Arvayheer, Uvurhangay, Mongolia
May 18, 2009
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Kiva Help Repayment Schedule for Shiilegtseren Surenhorol

  Expected Repayments Actual Repayments Comments
July 2009 $120.83 $120.93 Repayment Received
August 2009 $118.44 $118.58 Repayment Received
September 2009 $120.83 $120.59 Repayment Received
October 2009 $120.83 $129.04 Repayment Received
November 2009 $119.96 $775.88 Repayment Received
December 2009 $120.83 Available Dec 1 Repayment Received
January 2010 $118.87 Available Jan 1 Repayment Received
February 2010 $120.28 Available Feb 1 Repayment Received
March 2010 $120.83 Available Mar 1 Repayment Received
April 2010 $120.17 Available Apr 1 Repayment Received
May 2010 $120.39 Available May 1  
June 2010 $127.74 Available Jun 1