Shafaq Huseynova
Status: Paying Back
| $2,000.00 | Loan Amount |
|---|
10% repaid
About the Entrepreneur
| Name: | Shafaq Huseynova |
|---|---|
| Location: | Agsu, Azerbaijan |
| Activity: | Office Supplies |
About the Loan
| Loan Amount: | $2,000.00 |
|---|---|
| Loan Use: | purchase more supplies for her store |
| Repayment Term: | 17 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 10, 2009 |
| Date Disbursed: | Aug 25, 2009 |
| Date Funded: | Jul 26, 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: | 1316 |
| Total Loans: | $1,630,850 |
| 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: | 0.8043 AZN = 1 USD |
Shafaq Huseynova is the mother of 3 children. Her salary as a schoolteacher wasn’t even enough to provide her children with basic needs. This fact motivated Shafaq to start her own business. And in 1996 she started selling office supplies from her home. A little while after, she decided to dedicate herself to expand her business and opened her own store near her house.
Due to the large demand for her typical office supplies, she wishes to increase number of items she sells. All this would allow her to generate a larger economic income for her family with the aim to elevate their quality of life and education. In order to carry this out, she is proposing to solicit a loan that will be invested in purchasing more supplies for her store.
Due to the large demand for her typical office supplies, she wishes to increase number of items she sells. All this would allow her to generate a larger economic income for her family with the aim to elevate their quality of life and education. In order to carry this out, she is proposing to solicit a loan that will be invested in purchasing more supplies for her store.
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Journal entries for Shafaq Huseynova
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Loan has been disbursed
Location: Agsu, Azerbaijan
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Posted by
from Agsu, Azerbaijan
Aug 25, 2009 |
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Comment on this entry
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Repayment Schedule for Shafaq Huseynova
Repayment Schedule for Shafaq Huseynova
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $107.54 | $107.54 |  Repayment Received
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| December 2009 | $110.76 | $110.76 | Repayment Received
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| January 2010 | $114.09 | Available Jan 1 | |||
| February 2010 | $117.51 | Available Feb 1 | |||
| March 2010 | $121.03 | Available Mar 1 | |||
| April 2010 | $124.66 | Available Apr 1 | |||
| May 2010 | $128.41 | Available May 1 | |||
| June 2010 | $132.25 | Available Jun 1 | |||
| July 2010 | $136.22 | Available Jul 1 | |||
| August 2010 | $140.31 | Available Aug 1 | |||
| September 2010 | $144.51 | Available Sep 1 | |||
| October 2010 | $148.86 | Available Oct 1 | |||
| November 2010 | $153.32 | Available Nov 1 | |||
| December 2010 | $157.92 | Available Dec 1 | |||
| January 2011 | $162.61 | Available Jan 1 | |||
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