Mahir Samandarli


Status: Paying Back

$1,200.00   Loan Amount
22% repaid

About the Entrepreneur

Name: Mahir Samandarli
Location: Saatli, Azerbaijan
Activity: Food Market

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase more food products to sell
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 18, 2009
Date Disbursed: Jun 29, 2009
Date Funded:May 25, 2009

About the Country

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



Selling food products in his rented store is the only source of income for Mahir Samandarli, a 40-year-old trader who's been doing this for 12 years. Mahir is married and the father of two sons. His children are the reason that he works hard in order to provide them with the best, brightest future.

This man has many projects for his future. The main project is that Mahir wants to build his own store where he would be able to sell a wide range of products.

His wish is to add more items and therefore have more to offer to his clients. Mahir will pay back this loan and, with the profit, he will be able to pay for his children’s education. This man waits for your help. Let's make his dream come true.


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Journal entries for Mahir Samandarli


Loan has been disbursed
 
Entrepreneur: Mahir Samandarli
Location: Saatli, Azerbaijan

Thank you for your loan. It has been disbursed to Mahir Samandarli 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 Saatli, Azerbaijan
Jun 29, 2009
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Kiva Help Repayment Schedule for Mahir Samandarli

  Expected Repayments Actual Repayments Comments
September 2009 $64.52 $64.52 Repayment Received
October 2009 $66.45 $66.45 Repayment Received
November 2009 $68.45 $68.45 Repayment Received
December 2009 $70.51 $70.51 Repayment Received
January 2010 $72.62 Available Jan 1  
February 2010 $74.80 Available Feb 1  
March 2010 $77.04 Available Mar 1  
April 2010 $79.34 Available Apr 1  
May 2010 $81.73 Available May 1  
June 2010 $84.19 Available Jun 1  
July 2010 $86.71 Available Jul 1  
August 2010 $89.32 Available Aug 1  
September 2010 $91.99 Available Sep 1  
October 2010 $94.74 Available Oct 1  
November 2010 $97.59 Available Nov 1