Agasemed Salimov


Status: Paying Back

$3,000.00   Loan Amount
28% repaid

About the Entrepreneur

Name: Agasemed Salimov
Location: Imishli, Azerbaijan
Activity: Phone Accessories

About the Loan

Loan Amount: $3,000.00
Loan Use: To purchase phones for sale
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 9, 2009
Date Disbursed: May 18, 2009
Date Funded:Apr 21, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8031 AZN = 1 USD



Agasemed Salimov is av 33-year-old trader who sells phone accessories in the small village of Imishli. He started his business 10 years ago when he got married. When he first started this business, he was renting the store, but now he owns his store, which he purchased two years ago.

Agasemed is married and has two children. He is trying to improve his business so that he can provide the best possible education and life conditions for his children.



Agasemed is applying for a $3000 USD loan to purchase phones and start selling them in his store. This business has become is very profitable in the last two years and phones are in high demand among local people. We wish him all the best!





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Journal entries for Agasemed Salimov


Loan has been disbursed
 
Entrepreneur: Agasemed Salimov
Location: Imishli, Azerbaijan

Thank you for your loan. It has been disbursed to Agasemed Salimov by Aqroinvest Credit Union in Azerbaijan. We are excited to watch this business grow. Over the 15 months of this loan, Aqroinvest Credit Union will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Imishli, Azerbaijan
May 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Agasemed Salimov

  Expected Repayments Actual Repayments Comments
August 2009 $161.30 $161.30 Repayment Received
September 2009 $166.14 $166.14 Repayment Received
October 2009 $171.12 $171.12 Repayment Received
November 2009 $176.25 $176.25 Repayment Received
December 2009 $181.54 $181.54 Repayment Received
January 2010 $186.99 Available Jan 1  
February 2010 $192.59 Available Feb 1  
March 2010 $198.37 Available Mar 1  
April 2010 $204.32 Available Apr 1  
May 2010 $210.45 Available May 1  
June 2010 $216.76 Available Jun 1  
July 2010 $223.28 Available Jul 1  
August 2010 $229.96 Available Aug 1  
September 2010 $236.86 Available Sep 1  
October 2010 $244.07 Available Oct 1