Elkhan Mammadov


Status: Paying Back

$1,500.00   Loan Amount
22% repaid

About the Entrepreneur

Name: Elkhan Mammadov
Location: Agsu, Azerbaijan
Activity: Cosmetics Sales

About the Loan

Loan Amount: $1,500.00
Loan Use: Purchase more items for sale
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 13, 2009
Date Disbursed: Jun 29, 2009
Date Funded:May 28, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8034 AZN = 1 USD



Elkhan Mammadov is a 45-year-old trader who sells a variety of cosmetics in the central street of the city of Agsu. Elkhan is married and has three children. He started his business ten years ago. Now, with a loan through Aqroinvest, he could expand his business. Elkhan has recommended himself as a trusted client. He has applied for this loan to purchase more items to sell, and increase his income.

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Journal entries for Elkhan Mammadov


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

Thank you for your loan. It has been disbursed to Elkhan Mammadov by Aqroinvest Credit Union in Azerbaijan. We are excited to watch this business grow. Over the 14 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
Jun 29, 2009
Comment on this entry

Kiva Help Repayment Schedule for Elkhan Mammadov

  Expected Repayments Actual Repayments Comments
September 2009 $80.65 $80.65 Repayment Received
October 2009 $83.07 $83.07 Repayment Received
November 2009 $85.57 $85.57 Repayment Received
December 2009 $88.13 $88.13 Repayment Received
January 2010 $90.77 Available Jan 1  
February 2010 $93.50 Available Feb 1  
March 2010 $96.30 Available Mar 1  
April 2010 $99.19 Available Apr 1  
May 2010 $102.16 Available May 1  
June 2010 $105.24 Available Jun 1  
July 2010 $108.39 Available Jul 1  
August 2010 $111.63 Available Aug 1  
September 2010 $114.98 Available Sep 1  
October 2010 $118.44 Available Oct 1  
November 2010 $121.98 Available Nov 1