Asilbek Shapei


Status: Paying Back

$1,725.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Asilbek Shapei
Location: Ulgii, Bayan-ulgiy, Mongolia
Activity: Pharmacy

About the Loan

Loan Amount: $1,725.00
Loan Use: to purchase more medicine for his pharmacy
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 8, 2009
Date Disbursed: Oct 7, 2009
Date Funded:Oct 8, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,450.0000 MNT = 1 USD



Shapei Asilbek is 33 years old and lives with her mother, husband and two children in Bayan-Ulgii province in western Mongolia. She and her family live in a ger, a traditional Mongolian nomadic tent, and her two young sons both attend kindergarten. Asilbek manages a pharmacy with the help of her husband in her town. She is a doctor therefore sells a variety of medicines, and treats people in their shop. Due to it's location in a high traffic area near the local market, the pharmacy attracts many customers. Asilbek started her current business in 2005 after previously managing a medicine trading center in Ulaanbaatar, the capital city of Mongolia. She then moved to Bayan-Ulgii and started a medicine transportation service between Russia and her province. Over the years, Asilbek has gained much business experience and built a positive reputation for her buisiness in the community. She says, "My future dream is to expand my pharmacy in order to increase my sales." She is requesting a 2,500,000 tugrug (~1750 USD) loan to purchase more medicine for his pharmacy.

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Journal entries for Asilbek Shapei


Loan has been disbursed
 
Entrepreneur: Asilbek Shapei
Location: Ulgii, Bayan-ulgiy, Mongolia

Thank you for your loan. It has been disbursed to Asilbek Shapei by XacBank in Mongolia. We are excited to watch this business grow. Over the 17 months of this loan, XacBank will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ulgii, Bayan-ulgiy, Mongolia
Oct 9, 2009
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Kiva Help Repayment Schedule for Asilbek Shapei

  Expected Repayments Actual Repayments Comments
January 2010 $96.08 Available Jan 1  
February 2010 $95.30 Available Feb 1  
March 2010 $95.83 Available Mar 1  
April 2010 $95.07 Available Apr 1  
May 2010 $96.51 Available May 1  
June 2010 $95.08 Available Jun 1  
July 2010 $95.89 Available Jul 1  
August 2010 $94.99 Available Aug 1  
September 2010 $97.10 Available Sep 1  
October 2010 $96.50 Available Oct 1  
November 2010 $95.99 Available Nov 1  
December 2010 $96.09 Available Dec 1  
January 2011 $95.87 Available Jan 1  
February 2011 $95.87 Available Feb 1  
March 2011 $96.15 Available Mar 1  
April 2011 $96.19 Available Apr 1  
May 2011 $95.83 Available May 1  
June 2011 $94.66 Available Jun 1