Babken Hovhannisyan
Status: Paying Back
| $3,000.00 | Loan Amount |
|---|
0% repaid
About the Entrepreneur
| Name: | Babken Hovhannisyan |
|---|---|
| Location: | Sevan, Armenia |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $3,000.00 |
|---|---|
| Loan Use: | For wholesale purchase of flour |
| Repayment Term: | 38 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Oct 15, 2009 |
| Date Disbursed: | Oct 15, 2009 |
| Date Funded: | Oct 15, 2009 |
About the Field Partner
About the Field Partner
|
|
| 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: | $6,400.00 |
| Currency: | United States Dollars (USD) |
Babken Hovhannisyan is 22 years old. He lives in the village of Ddmashen near the town of Sevan with his parents and his two sisters. One sister is school-aged, and the other is jobless. Babken’s mother teaches biology in a Ddmashen school, and his father helps Babken in the business.
Babken studies in the Correspondence Courses at the Teachers-training College in Yerevan. Parallel to studying he has his own business, which consists of lavash (Armenian bread) production and sales. The bakery is in the family’s private house. Babken and his father have been running this business for five years, and they now employ a staff of two.
Babken needs US$ 3,000 for wholesale purchase of flour. Babken wants to use one part of the flour in his business and the other part he wants to resell. With the income for his business, Babken hopes to increase his sales and pay for his studies.
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Journal entries for Babken Hovhannisyan
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Loan has been disbursed
Location: Sevan, Armenia
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Posted by
from Sevan, Armenia
Oct 16, 2009 |
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Comment on this entry
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Repayment Schedule for Babken Hovhannisyan
Repayment Schedule for Babken Hovhannisyan
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $83.30 | Available Jan 1 | |||
| February 2010 | $83.30 | Available Feb 1 | |||
| March 2010 | $83.30 | Available Mar 1 | |||
| April 2010 | $83.30 | Available Apr 1 | |||
| May 2010 | $83.30 | Available May 1 | |||
| June 2010 | $83.30 | Available Jun 1 | |||
| July 2010 | $83.30 | Available Jul 1 | |||
| August 2010 | $83.30 | Available Aug 1 | |||
| September 2010 | $83.30 | Available Sep 1 | |||
| October 2010 | $83.30 | Available Oct 1 | |||
| November 2010 | $83.30 | Available Nov 1 | |||
| December 2010 | $83.30 | Available Dec 1 | |||
| January 2011 | $83.30 | Available Jan 1 | |||
| February 2011 | $83.30 | Available Feb 1 | |||
| March 2011 | $83.30 | Available Mar 1 | |||
| April 2011 | $83.30 | Available Apr 1 | |||
| May 2011 | $83.30 | Available May 1 | |||
| June 2011 | $83.30 | Available Jun 1 | |||
| July 2011 | $83.30 | Available Jul 1 | |||
| August 2011 | $83.30 | Available Aug 1 | |||
| September 2011 | $83.30 | Available Sep 1 | |||
| October 2011 | $83.30 | Available Oct 1 | |||
| November 2011 | $83.30 | Available Nov 1 | |||
| December 2011 | $83.30 | Available Dec 1 | |||
| January 2012 | $83.30 | Available Jan 1 | |||
| February 2012 | $83.30 | Available Feb 1 | |||
| March 2012 | $83.30 | Available Mar 1 | |||
| April 2012 | $83.30 | Available Apr 1 | |||
| May 2012 | $83.30 | Available May 1 | |||
| June 2012 | $83.30 | Available Jun 1 | |||
| July 2012 | $83.30 | Available Jul 1 | |||
| August 2012 | $83.30 | Available Aug 1 | |||
| September 2012 | $83.30 | Available Sep 1 | |||
| October 2012 | $83.30 | Available Oct 1 | |||
| November 2012 | $83.30 | Available Nov 1 | |||
| December 2012 | $84.50 | Available Dec 1 | |||
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