Mamed Mamedov


Status: Paid Back

$400.00   Loan Request
$400.00   Paid Back

About the Entrepreneur

Name: Mamed Mamedov
Location: Saatli Town, Azerbaijan
Activity: Cattle

About the Loan

Loan Amount: $400.00
Loan Use: To buy one cow and cattle feed.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 6, 2007
Date Disbursed: Sep 20, 2007
Date Funded:Sep 6, 2007
Loan Ended:Oct 10, 2008

About the Country

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



Mr. Mamed is a vulnerable low-income person. He is 19, single, and lives in the village of Saatli town in the south-central flat area of Azerbaijan Republic in the Caucasus region.


Mamed sells beef in Saatli town and grazes his small herd of cattle. The income from the four cows he has is too low to develop his business. That’s why Mamed applied to Norwegian Microcredit Saatli branch for a $400 loan to buy one more cow to make his monthly income higher. In the Caucasus region, the price of a cow is about 300-400 USD. The rest of the amount he intends to use to buy feed.


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Lenders to this entrepreneur

Anonymous
Mid Levels, N/A
Hong Kong

Baard
Kolbotn,
Norway

David
New Castle, KY
United States

Andrew
Humble, TX
United States

Bridget
Fresno, CA
United States

Leslie
Radersburg, MT
United States

Nancy
Hendersonville, NC
United States

Halee
FPO, AP

Alexis
Doral, FL
United States

emma
los angeles, CA
United States

scott anthony
Los Angeles, CA
United States



Journal entries for Mamed Mamedov


Loan has been disbursed
 
Entrepreneur: Mamed Mamedov
Location: Saatli Town, Azerbaijan

Thank you for your loan. It has been disbursed to Mamed Mamedov 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 Saatli Town, Azerbaijan
Sep 20, 2007
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Kiva Help Repayment Schedule for Mamed Mamedov

  Expected Repayments Actual Repayments Comments
December 2007 $33.33 $34.00 Repayment Received
January 2008 $33.33 $34.00 Repayment Received
February 2008 $33.33 $34.00 Repayment Received
March 2008 $33.33 $34.00 Repayment Received
April 2008 $33.33 $34.00 Repayment Received
May 2008 $33.33 $34.00 Repayment Received
June 2008 $33.33 $34.00 Repayment Received
July 2008 $33.33 $34.00 Repayment Received
August 2008 $33.33 $34.00 Repayment Received
September 2008 $33.33 $34.00 Repayment Received
October 2008 $33.33 $34.00 Repayment Received
November 2008 $33.37 $26.00 Repayment Received