Qarib Seyfiyev


Status: Paying Back

$2,000.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Qarib Seyfiyev
Location: Lankaran, Azerbaijan
Activity: Cattle

About the Loan

Loan Amount: $2,000.00
Loan Use: To purchase four cattle
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 1, 2009
Date Disbursed: Oct 27, 2009
Date Funded:Oct 26, 2009

About the Country

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



Qarib Seyfiyev is 60 years old and lives with his wife and six children. Qarib is an animal farmer. He owns cows and sells their milk with the help of his wife and four sons.

In order to further develop his business, Qarib wants to take out a loan and buy four cattle and feed for them. After fattening them up, he will be able to sell them for a more favorable price. Then, he will be able to use the profits from his business for the well-being of his family.


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Journal entries for Qarib Seyfiyev


Loan has been disbursed
 
Entrepreneur: Qarib Seyfiyev
Location: Lankaran, Azerbaijan

Thank you for your loan. It has been disbursed to Qarib Seyfiyev 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
Comments (1)

Kiva Help Repayment Schedule for Qarib Seyfiyev

  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