Khalid Rustamov
Status: Paying Back
| $2,000.00 | Loan Amount |
|---|
16% repaid
About the Entrepreneur
| Name: | Khalid Rustamov |
|---|---|
| Location: | Bilasuvar, Azerbaijan |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $2,000.00 |
|---|---|
| Loan Use: | To purchase additional foodstuffs to increase his store's inventory |
| Repayment Term: | 17 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 1, 2009 |
| Date Disbursed: | Jul 20, 2009 |
| Date Funded: | Jul 23, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Aqroinvest Credit Union |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 30 months |
| Kiva Entrepreneurs: | 1319 |
| Total Loans: | $1,636,900 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Azerbaijan |
|---|---|
| Avg Annual Income: | $6,171.00 |
| Currency: | Azerbaijan New Manats (AZN) |
| Exchange Rate: | 0.8040 AZN = 1 USD |
Khalid Rustamov is a hard-working man who has made sure from a young age that his family never goes without its daily bread. He is single and responsible for his elderly parents and younger brothers and sisters. Khalid has a grocery store where he sells different kinds of foodstuffs. Khalid began this enterprise 4 years ago with starting capital of 100 USD, and with perseverance and dedication.
Over time, he has expanded his business. Today, his whole family is engaged in the business. Khalid now needs to buy additional foodstuffs to increase the range of his inventory. With this in mind, he is requesting a loan of 2000 USD. He is ready to work even harder, make sacrifices and push every once in a while to achieve his goal and become a successful entrepreneur.
Over time, he has expanded his business. Today, his whole family is engaged in the business. Khalid now needs to buy additional foodstuffs to increase the range of his inventory. With this in mind, he is requesting a loan of 2000 USD. He is ready to work even harder, make sacrifices and push every once in a while to achieve his goal and become a successful entrepreneur.
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Journal entries for Khalid Rustamov
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Loan has been disbursed
Location: Bilasuvar, Azerbaijan
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Posted by
from Bilasuvar, Azerbaijan
Jul 24, 2009 |
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Comment on this entry
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Repayment Schedule for Khalid Rustamov
Repayment Schedule for Khalid Rustamov
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $107.54 | $107.54 |  Repayment Received
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| November 2009 | $110.76 | $110.76 | Repayment Received
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| December 2009 | $114.09 | $114.09 | Repayment Received
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| January 2010 | $117.51 | Available Jan 1 | |||
| February 2010 | $121.03 | Available Feb 1 | |||
| March 2010 | $124.66 | Available Mar 1 | |||
| April 2010 | $128.41 | Available Apr 1 | |||
| May 2010 | $132.25 | Available May 1 | |||
| June 2010 | $136.22 | Available Jun 1 | |||
| July 2010 | $140.31 | Available Jul 1 | |||
| August 2010 | $144.51 | Available Aug 1 | |||
| September 2010 | $148.86 | Available Sep 1 | |||
| October 2010 | $153.32 | Available Oct 1 | |||
| November 2010 | $157.92 | Available Nov 1 | |||
| December 2010 | $162.61 | Available Dec 1 | |||
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