Shakir Karmikov


Status: Paying Back

$1,500.00   Loan Amount
22% repaid

About the Entrepreneur

Name: Shakir Karmikov
Location: Agsu, Azerbaijan
Activity: Dairy

About the Loan

Loan Amount: $1,500.00
Loan Use: To purchase three calves
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 17, 2009
Date Disbursed: Jun 29, 2009
Date Funded:May 18, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8036 AZN = 1 USD



Shakir Karmikov is a 52-year old farmer who sells milk and milk products such as cheese, yogurt and butter. Shakir looks after his cows and pastures them and his wife makes all the milk products. Shakir has five children. They are all adults and Shakir works to cover his and his wife's needs. His pension is too small to cover their basic needs. Now Shakir is applying for a 1500 USD loan to purchase three calves and raise three more cows in future.

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Journal entries for Shakir Karmikov


Loan has been disbursed
 
Entrepreneur: Shakir Karmikov
Location: Agsu, Azerbaijan

Thank you for your loan. It has been disbursed to Shakir Karmikov 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
Comments (1)

Kiva Help Repayment Schedule for Shakir Karmikov

  Expected Repayments Actual Repayments Comments
September 2009 $80.64 $80.64 Repayment Received
October 2009 $83.06 $83.06 Repayment Received
November 2009 $85.55 $85.55 Repayment Received
December 2009 $88.12 $88.12 Repayment Received
January 2010 $90.76 Available Jan 1  
February 2010 $93.49 Available Feb 1  
March 2010 $96.29 Available Mar 1  
April 2010 $99.18 Available Apr 1  
May 2010 $102.16 Available May 1  
June 2010 $105.22 Available Jun 1  
July 2010 $108.38 Available Jul 1  
August 2010 $111.63 Available Aug 1  
September 2010 $114.98 Available Sep 1  
October 2010 $118.43 Available Oct 1  
November 2010 $122.11 Available Nov 1