Samvel Khachinyan
Status: Paying Back
| $1,300.00 | Loan Amount |
|---|
5% repaid
About the Entrepreneur
| Name: | Samvel Khachinyan |
|---|---|
| Location: | Ijevan, Armenia |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $1,300.00 |
|---|---|
| Loan Use: | To buy non-alcoholic drinks and candy for his shop. |
| Repayment Term: | 20 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 4, 2009 |
| Date Disbursed: | Sep 15, 2009 |
| Date Funded: | Oct 7, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Nor Horizon Universal Credit Organization Limited Liability Company |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Pilot |
| Time On Kiva: | 3 months |
| Kiva Entrepreneurs: | 30 |
| Total Loans: | $49,950 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Armenia |
|---|---|
| Avg Annual Income: | $6,400.00 |
| Currency: | Armenia Drams (AMD) |
| Exchange Rate: | 384.7504 AMD = 1 USD |
Samvel Khachinyan was born in 1953 in Ijevan. He is married and has two daughters. One daughter works in the Ijevan Music School, the other is married and lives away from her parents. Samvel has owned a food shop since 1999. Before starting his business, Samvel worked as a builder up until the closing of his Building Department. His mother and his wife are helping him in the business. In the past ten years, thanks to his profits, Samvel has been able to buy new furniture for his house and to pay the expenses for his daughter’s wedding, as well as for his mother’s surgery. Unlike the other food shops in Ijevan, Samvel’s shop is open for 24 hours. This is Samvel’s 6th borrowing cycle with “Nor Horizon.” This time he is requesting 500,000 AMD to buy non-alcoholic drinks and candy for his shop. In the future Samvel wants to open a second food shop in Ijevan.
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Journal entries for Samvel Khachinyan
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Loan has been disbursed
Location: Ijevan, Armenia
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Posted by
from Ijevan, Armenia
Oct 8, 2009 |
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Comment on this entry
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Repayment Schedule for Samvel Khachinyan
Repayment Schedule for Samvel Khachinyan
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $72.23 | $72.23 |  Repayment Received
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| January 2010 | $72.23 | Available Jan 1 | |||
| February 2010 | $72.22 | Available Feb 1 | |||
| March 2010 | $72.23 | Available Mar 1 | |||
| April 2010 | $72.23 | Available Apr 1 | |||
| May 2010 | $72.23 | Available May 1 | |||
| June 2010 | $72.23 | Available Jun 1 | |||
| July 2010 | $72.22 | Available Jul 1 | |||
| August 2010 | $72.23 | Available Aug 1 | |||
| September 2010 | $72.23 | Available Sep 1 | |||
| October 2010 | $72.23 | Available Oct 1 | |||
| November 2010 | $72.23 | Available Nov 1 | |||
| December 2010 | $72.22 | Available Dec 1 | |||
| January 2011 | $72.23 | Available Jan 1 | |||
| February 2011 | $72.23 | Available Feb 1 | |||
| March 2011 | $72.23 | Available Mar 1 | |||
| April 2011 | $72.23 | Available Apr 1 | |||
| May 2011 | $72.12 | Available May 1 | |||
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