Novruz Mutallimov


Status: Paying Back

$1,200.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Novruz Mutallimov
Location: Agsu, Azerbaijan
Activity: Livestock

About the Loan

Loan Amount: $1,200.00
Loan Use: purchase 10 sheep and fodder
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 8, 2009
Date Disbursed: Jul 20, 2009
Date Funded:Jun 26, 2009

About the Country

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



Novruz Mutallimov is 24 years old. He is married and has one adorable daughter. After getting married, he arduously dedicated himself to sheep breeding. When he recognized the need to invest in his work, Novruz decided to construct a place to start an animal breeding business. He started with only two sheep, but now he has 10 sheep.
Now, Novruz wants to expand his business and to buy 10 more sheep and fodder. Your support will really help Novruz and his family to get ahead.



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Journal entries for Novruz Mutallimov


Loan has been disbursed
 
Entrepreneur: Novruz Mutallimov
Location: Agsu, Azerbaijan

Thank you for your loan. It has been disbursed to Novruz Mutallimov 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
Jul 20, 2009
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Kiva Help Repayment Schedule for Novruz Mutallimov

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