Kamala Mammadova


Status: Paying Back

$1,200.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Kamala Mammadova
Location: Bilasuvar, Azerbaijan
Activity: Cattle

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase three baby calves
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 12, 2009
Date Disbursed: Jul 20, 2009
Date Funded:Jun 20, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8037 AZN = 1 USD



Education is the most important inheritance Kamala Mammadova and her husband can give to their two dear daughters. They are both very responsible parents, and they work very hard in agriculture and farming so that they can give their children the opportunity to finish school – an opportunity they never had due to poor finances. This happy mother has been working in agriculture since getting married and, with the unconditional support of her husband she buys and sells cattle in order to cover the family’s most urgent needs. Even so, she now finds herself with more expenses, and she would like a loan of 1200USD in order to increase their capital by increasing their number of cattle.


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Journal entries for Kamala Mammadova


Loan has been disbursed
 
Entrepreneur: Kamala Mammadova
Location: Bilasuvar, Azerbaijan

Thank you for your loan. It has been disbursed to Kamala Mammadova 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 Bilasuvar, Azerbaijan
Jul 20, 2009
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Kiva Help Repayment Schedule for Kamala Mammadova

  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