Umud Akhmadov


Status: Paying Back

$2,000.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Umud Akhmadov
Location: Lankaran, Azerbaijan
Activity: Farming

About the Loan

Loan Amount: $2,000.00
Loan Use: To purchase farm supplies for crop
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 22, 2009
Date Disbursed: Oct 27, 2009
Date Funded:Sep 28, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8040 AZN = 1 USD



Umud Akhmadov and his family have always been dedicated to agriculture. Agababa is 50 years old, married and has 3 children. He has always been focused on making the land produce. His efforts have generally been spent on the supplies necessary to obtain good production. In the future, Umud expects to have his own working capital which will allow him to cover his costs and buy more land so he can increase production and grow as a farmer. Currently he needs a loan of $2000 USD to continue purchasing farming supplies for his crop.

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Journal entries for Umud Akhmadov


Loan has been disbursed
 
Entrepreneur: Umud Akhmadov
Location: Lankaran, Azerbaijan

Thank you for your loan. It has been disbursed to Umud Akhmadov 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 Lankaran, Azerbaijan
Oct 27, 2009
Comment on this entry

Kiva Help Repayment Schedule for Umud Akhmadov

  Expected Repayments Actual Repayments Comments
January 2010 $107.53 Available Jan 1  
February 2010 $110.75 Available Feb 1  
March 2010 $114.08 Available Mar 1  
April 2010 $117.50 Available Apr 1  
May 2010 $121.02 Available May 1  
June 2010 $124.65 Available Jun 1  
July 2010 $128.40 Available Jul 1  
August 2010 $132.25 Available Aug 1  
September 2010 $136.22 Available Sep 1  
October 2010 $140.29 Available Oct 1  
November 2010 $144.51 Available Nov 1  
December 2010 $148.85 Available Dec 1  
January 2011 $153.32 Available Jan 1  
February 2011 $157.90 Available Feb 1  
March 2011 $162.73 Available Mar 1