Galbinur Babayev


Status: Paying Back

$2,500.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Galbinur Babayev
Location: Khachmaz Town, Azerbaijan
Activity: Internet Cafe

About the Loan

Loan Amount: $2,500.00
Loan Use: To buy computers for his Internet cafe.
Repayment Term: 17 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: May 12, 2009
Date Disbursed: May 1, 2009
Date Funded:May 20, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8035 AZN = 1 USD



Galbinur is a 30-year-old single man living in Khachmaz town. He owns an Internet cafe and has been in this business for one year. He would like to improve his Internet cafe and have a lot of customers. He will use the loan of 2000 AZN to buy computers and the necessary things for improving and growing his business.


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Journal entries for Galbinur Babayev


Loan has been disbursed
 
Entrepreneur: Galbinur Babayev
Location: Khachmaz Town, Azerbaijan

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


Posted by from Khachmaz Town, Azerbaijan
May 21, 2009
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Kiva Help Repayment Schedule for Galbinur Babayev

  Expected Repayments Actual Repayments Comments
November 2009 $208.34 $208.34 Repayment Received
December 2009 $208.34 $208.34 Repayment Received
January 2010 $208.34 Available Jan 1  
February 2010 $208.34 Available Feb 1  
March 2010 $208.34 Available Mar 1  
April 2010 $208.34 Available Apr 1  
May 2010 $208.34 Available May 1  
June 2010 $208.34 Available Jun 1  
July 2010 $208.34 Available Jul 1  
August 2010 $208.34 Available Aug 1  
September 2010 $208.34 Available Sep 1  
October 2010 $208.26 Available Oct 1