Fakhraddin Ahadov


Status: Paying Back

$2,025.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Fakhraddin Ahadov
Location: Lankaran, Azerbaijan
Activity: Services

About the Loan

Loan Amount: $2,025.00
Loan Use: repair the working place
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 29, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8033 AZN = 1 USD



Fakhraddin Ahadov is 54 year old man who keeps his own gas filling station where he sells gas for special equipments which are very popular in factories situated in the Lankaran city. Fakhraddin is married and has four children, two of them are high school students and other two are university students. Fakhraddin is paying for university education. He started his business in 1996 and since that time he dedicated to this business to provide well being of his family. Now he applied for 2000 USD loan in case to repair his working place.

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Journal entries for Fakhraddin Ahadov


Loan has been disbursed
 
Entrepreneur: Fakhraddin Ahadov
Location: Lankaran, Azerbaijan

Thank you for your loan. It has been disbursed to Fakhraddin Ahadov 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 30, 2009
Comments (1)

Kiva Help Repayment Schedule for Fakhraddin Ahadov

  Expected Repayments Actual Repayments Comments
January 2010 $108.87 Available Jan 1  
February 2010 $112.14 Available Feb 1  
March 2010 $115.50 Available Mar 1  
April 2010 $118.97 Available Apr 1  
May 2010 $122.53 Available May 1  
June 2010 $126.22 Available Jun 1  
July 2010 $130.00 Available Jul 1  
August 2010 $133.90 Available Aug 1  
September 2010 $137.92 Available Sep 1  
October 2010 $142.05 Available Oct 1  
November 2010 $146.31 Available Nov 1  
December 2010 $150.71 Available Dec 1  
January 2011 $155.24 Available Jan 1  
February 2011 $159.88 Available Feb 1  
March 2011 $164.76 Available Mar 1