Vusal Jafarov


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Vusal Jafarov
Location: Beylagan, Azerbaijan
Activity: Clothing Sales

About the Loan

Loan Amount: $1,000.00
Loan Use: To buy inventory
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 4, 2007
Date Disbursed: Sep 18, 2007
Date Funded:Sep 4, 2007
Loan Ended:Oct 10, 2008

About the Country

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



Vusal Jafarov lives in Beylagan, a small city in southwest Azerbaijan. He is 26 years old and wants to start a family soon. Vusal sells men’s clothes in the Beylagan city bazaar. Vusal would like to buy more fine clothing from the capital city, Baku, as people in Beylagan want to dress more like people in the capital. He doesn’t have more money to re-invest in his business. He has successfully taken out and paid 3 loans in the recent past. He needs $1000 to purchase a range of inventory from the capital.

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Journal entries for Vusal Jafarov


Loan has been disbursed
 
Entrepreneur: Vusal Jafarov
Location: Beylagan, Azerbaijan

Thank you for your loan. It has been disbursed to Vusal Jafarov by Norwegian Microcredit LLC (Normicro) in Azerbaijan. We are excited to watch this business grow. Over the next 12 - 18 months, Norwegian Microcredit LLC (Normicro) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Beylagan, Azerbaijan
Sep 19, 2007
Comments (2)

Kiva Help Repayment Schedule for Vusal Jafarov

  Expected Repayments Actual Repayments Comments
December 2007 $83.33 $84.00 Repayment Received
January 2008 $83.33 $84.00 Repayment Received
February 2008 $83.33 $84.00 Repayment Received
March 2008 $83.33 $84.00 Repayment Received
April 2008 $83.33 $84.00 Repayment Received
May 2008 $83.33 $84.00 Repayment Received
June 2008 $83.33 $84.00 Repayment Received
July 2008 $83.33 $84.00 Repayment Received
August 2008 $83.33 $84.00 Repayment Received
September 2008 $83.33 $84.00 Repayment Received
October 2008 $83.33 $84.00 Repayment Received
November 2008 $83.37 $76.00 Repayment Received