Hajı Mammadov
Status: Paying Back
| $2,000.00 | Loan Amount |
|---|
5% repaid
About the Entrepreneur
| Name: | Hajı Mammadov |
|---|---|
| Location: | Bilasuvar, Azerbaijan |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $2,000.00 |
|---|---|
| Loan Use: | To purchase more goods for his store |
| Repayment Term: | 17 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Aug 12, 2009 |
| Date Disbursed: | Sep 28, 2009 |
| Date Funded: | Aug 30, 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: | 0.8038 AZN = 1 USD |
Hajı Mammadov is 56 years old. He is married and has four children. Hajı owns a grocery store and provides for his family with the revenue generated by the grocery store. He is a schoolteacher in the local school but his salary is about 100 USD, which is not enough to cover even the basic needs of his family.
Hajı, being engaged in this business for nine years, has enlarged his clientele and has many constant customers. He is requesting a loan of 2000 USD to increase his stock. Hajı is ready to work even harder, make sacrifices and push every once in a while to achieve his goal and become a successful entrepreneur. We believe his perseverance and clear vision will become key success factors in his small business.
Hajı, being engaged in this business for nine years, has enlarged his clientele and has many constant customers. He is requesting a loan of 2000 USD to increase his stock. Hajı is ready to work even harder, make sacrifices and push every once in a while to achieve his goal and become a successful entrepreneur. We believe his perseverance and clear vision will become key success factors in his small business.
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Journal entries for Hajı Mammadov
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Loan has been disbursed
Location: Bilasuvar, Azerbaijan
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Posted by
from Bilasuvar, Azerbaijan
Sep 28, 2009 |
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Comment on this entry
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Repayment Schedule for Hajı Mammadov
Repayment Schedule for Hajı Mammadov
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $107.54 | $107.54 |  Repayment Received
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| January 2010 | $110.76 | Available Jan 1 | |||
| February 2010 | $114.09 | Available Feb 1 | |||
| March 2010 | $117.51 | Available Mar 1 | |||
| April 2010 | $121.04 | Available Apr 1 | |||
| May 2010 | $124.66 | Available May 1 | |||
| June 2010 | $128.40 | Available Jun 1 | |||
| July 2010 | $132.26 | Available Jul 1 | |||
| August 2010 | $136.23 | Available Aug 1 | |||
| September 2010 | $140.31 | Available Sep 1 | |||
| October 2010 | $144.53 | Available Oct 1 | |||
| November 2010 | $148.86 | Available Nov 1 | |||
| December 2010 | $153.32 | Available Dec 1 | |||
| January 2011 | $157.93 | Available Jan 1 | |||
| February 2011 | $162.56 | Available Feb 1 | |||
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