Zefer Qarayev


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Zefer Qarayev
Location: Imishli, Azerbaijan
Activity: Cosmetics Sales

About the Loan

Loan Amount: $1,200.00
Loan Use: purchase air conditioner for his shop
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 28, 2007
Date Disbursed: Sep 18, 2007
Date Funded:Sep 4, 2007
Loan Ended:Jan 15, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:United States Dollars (USD)



Zefer Qarayev is 28-year-old retailer who runs a small cosmetics and perfume store in Qizilkend village near Imishli town, which is situated in the southern part of Azerbaijan. Zefer opened his store in 2003, when he was only 24. He recently got married and has 1 child. Summer temperatures in Imishli reach a sweltering 50C so people do not stay long when they come into the store.

Zefer has applied for a loan of US$1200 to purchase and install a new air conditioner and give his customers a chance to enjoy a cool comfortable search for the items they want to purchase. Zefer notes, "Most of the customers who come into my store are women. They like to spend a lot of time searching for cosmetics or perfume and I want to create a comfortable place for them, even in sumertime."


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Journal entries for Zefer Qarayev


Loan has been disbursed
 
Entrepreneur: Zefer Qarayev
Location: Imishli, Azerbaijan

Thank you for your loan. It has been disbursed to Zefer Qarayev by Aqroinvest CU in Azerbaijan. We are excited to watch this business grow. Over the next 15 - 21 months, Aqroinvest CU will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Imishli, Azerbaijan
Sep 19, 2007
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Kiva Help Repayment Schedule for Zefer Qarayev

  Expected Repayments Actual Repayments Comments
December 2007 $80.00 $80.00 Repayment Received
January 2008 $80.00 $80.00 Repayment Received
February 2008 $80.00 $80.00 Repayment Received
March 2008 $80.00 $80.00 Repayment Received
April 2008 $80.00 $80.00 Repayment Received
May 2008 $80.00 $80.00 Repayment Received
June 2008 $80.00 $80.00 Repayment Received
July 2008 $80.00 $80.00 Repayment Received
August 2008 $80.00 $80.00 Repayment Received
September 2008 $80.00 $80.00 Repayment Received
October 2008 $80.00 $80.00 Repayment Received
November 2008 $80.00 $80.00 Repayment Received
December 2008 $80.00 $80.00 Repayment Received
January 2009 $80.00 $80.00 Repayment Received
February 2009 $80.00 $80.00 Repayment Received