Marifat Mammadov
Status: Raised
| $2,000.00 | Loan Request | |
|---|---|---|
| $2,000.00 | Raised |
About the Entrepreneur
| Name: | Marifat Mammadov |
|---|---|
| Location: | Imishli, Azerbaijan |
| Activity: | Agriculture |
About the Loan
| Loan Amount: | $2,000.00 |
|---|---|
| Loan Use: | Purchase 15 sheep and fodder |
| Repayment Term: | 17 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 1, 2009 |
| Date Disbursed: | Nov 30, 2009 |
| Date Funded: | Nov 7, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Aqroinvest Credit Union |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 30 months |
| Kiva Entrepreneurs: | 1319 |
| Total Loans: | $1,636,900 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Azerbaijan |
|---|---|
| Avg Annual Income: | $6,171.00 |
| Currency: | Azerbaijan New Manats (AZN) |
| Exchange Rate: | 0.8030 AZN = 1 USD |
Marifat Mammadov is a small producer in the small village of Imishli city. He and his father have been raising sheep for 10 years. This provides the income that allows him to feed his parents and build a future for a future family. He decided to raise sheep because it is a very profitable business and people in Azerbaijan use meat in their meals every day.
Marifat has asked for this loan to buy more sheep in order to obtain a better profit. His greatest wish is to be able to improve his farm by constructing enclosures and establishing better grazing for his livestock.
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Repayment Schedule for Marifat Mammadov
Repayment Schedule for Marifat Mammadov
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| February 2010 | $107.54 | Available Feb 1 | |||
| March 2010 | $110.76 | Available Mar 1 | |||
| April 2010 | $114.09 | Available Apr 1 | |||
| May 2010 | $117.51 | Available May 1 | |||
| June 2010 | $121.04 | Available Jun 1 | |||
| July 2010 | $124.66 | Available Jul 1 | |||
| August 2010 | $128.40 | Available Aug 1 | |||
| September 2010 | $132.26 | Available Sep 1 | |||
| October 2010 | $136.23 | Available Oct 1 | |||
| November 2010 | $140.31 | Available Nov 1 | |||
| December 2010 | $144.53 | Available Dec 1 | |||
| January 2011 | $148.86 | Available Jan 1 | |||
| February 2011 | $153.32 | Available Feb 1 | |||
| March 2011 | $157.93 | Available Mar 1 | |||
| April 2011 | $162.56 | Available Apr 1 | |||
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