Musarza Akhmadov


Status: Paying Back

$2,025.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Musarza Akhmadov
Location: Lankaran, Azerbaijan
Activity: Food Market

About the Loan

Loan Amount: $2,025.00
Loan Use: To buy more merchandise for his shop
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:0.8033 AZN = 1 USD



Musarza Akhmadov is 52 years old and lives with his wife and four children, to whom he is a devoted father. He makes the most of every opportunity, such as when he started selling candies in the food market of the small village of Lankaran. He gives his business constant attention all day long, every day, and in this way he has attracted customers. His income enables him to contribute to the home finances.

This is an activity Musarza enjoys because he can rest from his hard labor in the countryside. He is motivated in his work by the need to support the family finances and to take care of his children's education. Musarza is requesting a loan which he will invest in merchandise for his shop. He wishes to stock it with more products and offer the best products every day.


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Journal entries for Musarza Akhmadov


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

Thank you for your loan. It has been disbursed to Musarza 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 Musarza Akhmadov

  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