Leyli Khachatryan


Status: Paying Back

$1,575.00   Loan Amount
4% repaid

About the Entrepreneur

Name: Leyli Khachatryan
Location: Ijevan, Armenia
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,575.00
Loan Use: To buy sugar, sunflower-seed oil and tomato sauce for her shop.
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 4, 2009
Date Disbursed: Sep 16, 2009
Date Funded:Oct 5, 2009

About the Country

Country:Armenia
Avg Annual Income:$6,400.00
Currency:Armenia Drams (AMD)
Exchange Rate:384.7504 AMD = 1 USD



Leyli Khachatryan lives in Ijevan. She is a widow and has two daughters. One of the daughters is married and lives separately, and the other one lives with Leyli. Since 2003, Leyli has operated a food store in a place her brothers owns in the central street of Ijevan. Previously, she had worked in the Ijevan food-processing factory, until it was closed, along with most of Armenian factories. With the profits from her business, Leyli provided for some of her family’s needs, such as buying necessary furniture and home appliances and organizing her elder daughter’s wedding. Leyli likes her work and, most of all, appreciates that she can help pensioners by taking them home and helping to carry their purchases. Leyli is a fifth cycle borrower in Nor Horizon, and now she needs 600,000 AMD to buy sugar, sunflower-seed oil and tomato sauce for her shop. In the future she hopes to increase her income in order to collect enough money to repair her apartment.

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Journal entries for Leyli Khachatryan


Loan has been disbursed
 
Entrepreneur: Leyli Khachatryan
Location: Ijevan, Armenia

Thank you for your loan. It has been disbursed to Leyli Khachatryan by Nor Horizon Universal Credit Organization Limited Liability Company in Armenia. We are excited to watch this business grow. Over the 18 months of this loan, Nor Horizon Universal Credit Organization Limited Liability Company will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ijevan, Armenia
Oct 6, 2009
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Kiva Help Repayment Schedule for Leyli Khachatryan

  Expected Repayments Actual Repayments Comments
December 2009 $76.13 $76.13 Repayment Received
January 2010 $76.54 Available Jan 1  
February 2010 $78.62 Available Feb 1  
March 2010 $77.70 Available Mar 1  
April 2010 $81.90 Available Apr 1  
May 2010 $83.84 Available May 1  
June 2010 $83.32 Available Jun 1  
July 2010 $84.73 Available Jul 1  
August 2010 $86.68 Available Aug 1  
September 2010 $88.10 Available Sep 1  
October 2010 $89.14 Available Oct 1  
November 2010 $90.67 Available Nov 1  
December 2010 $91.87 Available Dec 1  
January 2011 $94.29 Available Jan 1  
February 2011 $95.58 Available Feb 1  
March 2011 $96.81 Available Mar 1  
April 2011 $98.73 Available Apr 1  
May 2011 $100.35 Available May 1