Ibrahim Seyfulov


Status: Paid Back

$800.00   Loan Request
$800.00   Paid Back

About the Entrepreneur

Name: Ibrahim Seyfulov
Location: Imishli, Azerbaijan
Activity: Cattle

About the Loan

Loan Amount: $800.00
Loan Use: purchase two calves to expand his micro-business into meat production
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 28, 2007
Date Disbursed: Sep 13, 2007
Date Funded:Aug 30, 2007
Loan Ended:Jan 15, 2009

About the Country

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



Ibrahim Seyfulov is a 53-year-old married man who has three children. He is a farmer in Varkhankend Village near Imishli town, situated in the southern part of Azerbaijan. He started his business in 1999, when he purchased one cow with money he had saved up. He has made very good profit by selling milk products such as yoghurt, sour-cream, and milk. These products are in high demand in his area.

Over the years, life in Azerbaijan has gotten harder and harder and to cover family needs, one cow is not enough. In 2006 Ibrahim borrowed US$ 500 to add to his own savings of $250 and purchased another milk cow. Since January 2007, prices have doubled and Ibrahim has applied for a loan of $800 from Aqroinvest CU to purchase two calves for meat production. The estimated cost for one calf is $400.


Subscribe

Lenders to this entrepreneur

Pam
Lincoln, NE
United States

Kimbra
Sherwood Park, Alberta
Canada

Ann
Mansfield, TX
United States

Noura
Stockholm,
Sweden

Hildur
Reykjavik,
Iceland

Sigridur
Reykjavik, Iceland
Iceland

Austin
North Augusta, SC
United States

Johannes
München,
Germany

John & Kathleen
Damariscotta, ME
United States

Village School Foundation
Salem, OR
United States

Scrooge
Alpine, UT
United States

Kevin
Virginia Beach, VA
United States

Grace
Black Mountain, NC
United States

Charlie&Terry
monticello, MN
United States

Christopher
Indianapolis, IN
United States

Mark
Golden, CO
United States

Anonymous
Manassas Park, VA
United States

Suzanne
Portland, OR
United States

Janine
Tijeras, NM
United States

Michael
Oakland, Ca
United States

Paul
Santa Monica, CA
United States

Stormy
El Paso, TX
United States

Maffiou
Aust, South-Glocestershire
United Kingdom

Ashley
Pittsburgh, PA
United States



Journal entries for Ibrahim Seyfulov


Loan has been disbursed
 
Entrepreneur: Ibrahim Seyfulov
Location: Imishli, Azerbaijan

Thank you for your loan. It has been disbursed to Ibrahim Seyfulov 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 13, 2007
Comment on this entry

Good loan good results
 
Entrepreneur: Ibrahim Seyfulov
Location: Imishli, Azerbaijan

Greetings from Saatli! Ibrahim riched his purpoase and purchased 2 calves for KIVA loan. He said this loan helped him to increase his business and he could continue expanding his business without any loan.


Posted by Tamilla Babayeva from Imishli, Azerbaijan
Sep 12, 2008
Comments (1)

Kiva Help Repayment Schedule for Ibrahim Seyfulov

  Expected Repayments Actual Repayments Comments
December 2007 $53.33 $54.00 Repayment Received
January 2008 $53.33 $54.00 Repayment Received
February 2008 $53.33 $54.00 Repayment Received
March 2008 $53.33 $54.00 Repayment Received
April 2008 $53.33 $54.00 Repayment Received
May 2008 $53.33 $54.00 Repayment Received
June 2008 $53.33 $54.00 Repayment Received
July 2008 $53.33 $54.00 Repayment Received
August 2008 $53.33 $54.00 Repayment Received
September 2008 $53.33 $54.00 Repayment Received
October 2008 $53.33 $54.00 Repayment Received
November 2008 $53.33 $54.00 Repayment Received
December 2008 $53.33 $54.00 Repayment Received
January 2009 $53.33 $44.62 Repayment Received
February 2009 $53.38 $53.38 Repayment Received