Shonhor Enkhbayar


Status: Paying Back

$700.00   Loan Amount
5% repaid

About the Entrepreneur

Name: Shonhor Enkhbayar
Location: Chingeltey, Mongolia
Activity: Manufacturing

About the Loan

Loan Amount: $700.00
Loan Use: To purchase leather, fabric, heels and glue for her business
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 21, 2009
Date Disbursed: Sep 29, 2009
Date Funded:Oct 22, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,439.5000 MNT = 1 USD



Enkhbayar is 37 years old and lives with her husband and two teenage children in the Chingeltei district of Ulaanbaatar, the capital city of Mongolia. She and her family live in a ger, a traditional Mongolian nomadic tent, in one of the ger districts on the outskirts of the city. Her daughter and son both attend a local high school while Enkhbayar and her husband operate a shoe business. She began her business in 1994 after purchasing a sewing machine from her former employer. Today, she makes between 30 and 100 pairs of shoes per month, depending on the season. Enkhbayar’s working capital is now between 2,000,000 and 3,000,000 tugrugs per month with a net profit between 400,000 and 500,000 tugrugs per month. She attributes her business success to both her excellent sewing and accounting skills. She is requesting a 1,000,000 tugrug loan in order to purchase leather, fabric, heels and glue for her business.


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Journal entries for Shonhor Enkhbayar


Loan has been disbursed
 
Entrepreneur: Shonhor Enkhbayar
Location: Chingeltey, Mongolia

Thank you for your loan. It has been disbursed to Shonhor Enkhbayar 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 Chingeltey, Mongolia
Oct 23, 2009
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Kiva Help Repayment Schedule for Shonhor Enkhbayar

  Expected Repayments Actual Repayments Comments
December 2009 $38.89 $38.89 Repayment Received
January 2010 $38.89 Available Jan 1  
February 2010 $38.89 Available Feb 1  
March 2010 $38.89 Available Mar 1  
April 2010 $38.89 Available Apr 1  
May 2010 $38.89 Available May 1  
June 2010 $38.88 Available Jun 1  
July 2010 $38.89 Available Jul 1  
August 2010 $38.89 Available Aug 1  
September 2010 $38.89 Available Sep 1  
October 2010 $38.89 Available Oct 1  
November 2010 $38.89 Available Nov 1  
December 2010 $38.89 Available Dec 1  
January 2011 $38.89 Available Jan 1  
February 2011 $38.89 Available Feb 1  
March 2011 $38.89 Available Mar 1  
April 2011 $38.89 Available Apr 1  
May 2011 $38.88 Available May 1