Alladin Akbarov


Status: Paying Back

$3,000.00   Loan Amount
28% repaid

About the Entrepreneur

Name: Alladin Akbarov
Location: Imishli, Azerbaijan
Activity: Retail

About the Loan

Loan Amount: $3,000.00
Loan Use: To purchase stock for a home improvements store
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 10, 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



Alladin Akbarov is a 30 year old businessman who sells home improvement accessories such as paints, wallpaper and so on. He started this business two years ago. He is married and has two sons. The products he sells are in high demand among the locals and Alladin is a polite man, which makes his business very successful. Now Alladin would like to expand his business and, for this purpose, he has applied for a $3000 US loan. He will use the loan to increase his stock.




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Journal entries for Alladin Akbarov


Loan has been disbursed
 
Entrepreneur: Alladin Akbarov
Location: Imishli, Azerbaijan

Thank you for your loan. It has been disbursed to Alladin Akbarov 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 Alladin Akbarov

  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