Gunesh Garayev


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Gunesh Garayev
Location: Agsu, Azerbaijan
Activity: Food Market

About the Loan

Loan Amount: $500.00
Loan Use: To diversify his inventory for his little grocery store
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 5, 2007
Date Disbursed: Oct 21, 2007
Date Funded:Oct 7, 2007
Loan Ended:Nov 19, 2008

About the Country

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



Gunesh is 30 years old and a resident of Aghsu region, located in the central part of Azerbaijan. He is married and has two children; he and his family live in Aghsu town. He has a small shop where he has been selling groceries since 1993.

Gunesh wants to increase the volume of his business. He needs to buy more goods from wholesale shops with a wide variety to expand his inventory. Having little of his own capital to invest in his business, he has applied to Normicro's Aghsu branch for a loan in the amount of US$ 500.


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Journal entries for Gunesh Garayev


Loan has been disbursed
 
Entrepreneur: Gunesh Garayev
Location: Agsu, Azerbaijan

Thank you for your loan. It has been disbursed to Gunesh Garayev 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 Agsu, Azerbaijan
Oct 21, 2007
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Kiva Help Repayment Schedule for Gunesh Garayev

  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