Isaq Quliyev


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Isaq Quliyev
Location: Saatli Town, Azerbaijan
Activity: Spare Parts

About the Loan

Loan Amount: $500.00
Loan Use: To increase the variety of his inventory
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 18, 2007
Date Disbursed: Oct 2, 2007
Date Funded:Sep 18, 2007
Loan Ended:Nov 19, 2008

About the Country

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



Isaq is a low-income, vulnerable person. He is 45, married with two children, and lives in the village of Saatli, in the south-central plains area of the Azerbaijan Republic in the Caucasus region.


Isaq owns a little shop where he sells spare parts. Every week Isaq goes to the wholesale market in the capital, Baku, to buy spare parts at reasonable prices. His son helps him and works as a shop assistant. (Isaq's son is the gentleman shown in the picture.)

Business is quite going well but Isaq needs more capital to develop his micro-business. For this purpose he has applied to Normicro's Saatli branch for a US$ 500 loan. Using this additional capital, he feels sure that he can raise his monthly income from his shop by up to 30%.


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Lenders to this entrepreneur

Angie
Wichita, KS
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Michael
Houston, TX
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Anonymous
Pflugerville, TX
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Anonymous
Toronto, Ontario
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Michele
Kirkland, WA
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Kay
Columbia, MD KivaFriends.org
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Karl
Calgary, Alberta
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Seybrun
Wichita,, KS
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Leigh & Dana
Kirkland, WA
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Michael
New York, NY
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Alecia & Roger
Melbourne, Victoria
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BMIGaming.Com
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Dom
Washington, DC
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Jeffrey
Berkeley, CA
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Lonny
New Glasgow, NS
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Shelley
Tallahassee, FL
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Angela
Los Angeles, CA
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Joseph
San Clemente, CA
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Journal entries for Isaq Quliyev


Loan has been disbursed
 
Entrepreneur: Isaq Quliyev
Location: Saatli Town, Azerbaijan

Thank you for your loan. It has been disbursed to Isaq Quliyev 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
Oct 3, 2007
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Kiva Help Repayment Schedule for Isaq Quliyev

  Expected Repayments Actual Repayments Comments
January 2008 $41.67 $42.00 Repayment Received
February 2008 $41.67 $42.00 Repayment Received
March 2008 $41.67 $42.00 Repayment Received
April 2008 $41.67 $42.00 Repayment Received
May 2008 $41.67 $42.00 Repayment Received
June 2008 $41.67 $42.00 Repayment Received
July 2008 $41.67 $42.00 Repayment Received
August 2008 $41.67 $42.00 Repayment Received
September 2008 $41.67 $42.00 Repayment Received
October 2008 $41.67 $42.00 Repayment Received
November 2008 $41.67 $42.00 Repayment Received
December 2008 $41.63 $38.00 Repayment Received