Elkhan Quliyev


Status: Paying Back

$2,000.00   Loan Amount
28% repaid

About the Entrepreneur

Name: Elkhan Quliyev
Location: Agsu, Azerbaijan
Activity: Agriculture

About the Loan

Loan Amount: $2,000.00
Loan Use: purchase more bee hives
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 14, 2009
Date Disbursed: May 18, 2009
Date Funded:Apr 15, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8032 AZN = 1 USD



Elkhan Quliyev has very interesting sort of business: he is a bee keeper. He started his business in 2005 when he lost his job. Elkhan is responsible for his five children and tries to expand his business. Honey is very popular, not only in the village where he lives but also in the whole of Azerbaijan; people value quality honey very highly. This business requires a lot of attention and care and Elkhan spends most of his time near his bees. Elkhan would like to expand his business and for this purpose he needs 2000 USD as a loan.

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Journal entries for Elkhan Quliyev


Loan has been disbursed
 
Entrepreneur: Elkhan Quliyev
Location: Agsu, Azerbaijan

Thank you for your loan. It has been disbursed to Elkhan Quliyev 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 Agsu, Azerbaijan
May 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Elkhan Quliyev

  Expected Repayments Actual Repayments Comments
August 2009 $107.53 $107.53 Repayment Received
September 2009 $110.76 $110.76 Repayment Received
October 2009 $114.08 $114.08 Repayment Received
November 2009 $117.51 $117.51 Repayment Received
December 2009 $121.03 $121.03 Repayment Received
January 2010 $124.66 Available Jan 1  
February 2010 $128.41 Available Feb 1  
March 2010 $132.25 Available Mar 1  
April 2010 $136.23 Available Apr 1  
May 2010 $140.31 Available May 1  
June 2010 $144.52 Available Jun 1  
July 2010 $148.85 Available Jul 1  
August 2010 $153.31 Available Aug 1  
September 2010 $157.92 Available Sep 1  
October 2010 $162.63 Available Oct 1