Jalal Akhmadov
Status: Paid Back
| $500.00 | Loan Request | |
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| $500.00 | Paid Back |
About the Entrepreneur
| Name: | Jalal Akhmadov |
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| Location: | Saatli Town, Azerbaijan |
| Activity: | Farming |
About the Loan
| Loan Amount: | $500.00 |
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| Loan Use: | To widen his cow-shed and increase his business |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Oct 7, 2007 |
| Date Disbursed: | Oct 21, 2007 |
| Date Funded: | Oct 7, 2007 |
| Loan Ended: | Nov 19, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | Norwegian Microcredit LLC (Normicro) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Closed |
| Time On Kiva: | 35 months |
| Kiva Entrepreneurs: | 1447 |
| Total Loans: | $1,149,925 |
| Delinquency Rate: | N/A - No Paying Back Loans |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Azerbaijan |
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| Avg Annual Income: | $6,171.00 |
| Currency: | United States Dollars (USD) |
Mr. Jalal is a vulnerable, low income person. He is 23 and lives with his people in the village of Saatli town in the south-central flat area of the Azerbaijan Republic in the Caucasus region.
Jalal owns a herd of cows. Every day he grazes the cows starting early in the morning while his mother sells milk in Saatli town. He started this business as a child because milk selling is their family business. The work is quite profitable, but takes a lot of time and effort. There is a need to widen the cow-shed. It is not so expensive, but Jalal has no money to provide for this project. That is why he has applied to Normicro Saatli branch to get a $500 loan. If he could make his cow-shed bigger, he could have more pedigree cows, and hence, a higher income.
Jalal owns a herd of cows. Every day he grazes the cows starting early in the morning while his mother sells milk in Saatli town. He started this business as a child because milk selling is their family business. The work is quite profitable, but takes a lot of time and effort. There is a need to widen the cow-shed. It is not so expensive, but Jalal has no money to provide for this project. That is why he has applied to Normicro Saatli branch to get a $500 loan. If he could make his cow-shed bigger, he could have more pedigree cows, and hence, a higher income.
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Lenders to this entrepreneur
Jill
Vancouver, BC
Canada
Emma & Sean
New York, NY
United States
Sarah
New York, NY
United States
Loughnane family
Victoria, British Columbia
Canada
Julie S.
San Francisco, CA
United States
Nancy
Cheshire, CT
United States
Chris
Ithaca, NY
United States
Dave & Helena
St. Louis, MO
United States
Anonymous
West Springfield, MA
United States
Steven
Camarillo, CA
United States
Nancy
Palo Alto, CA
United States
Thirty Day Challenge
Manchester, Grtr. Manchester
United Kingdom
Terry
Inuvik, Northwest Territories
Canada
James
New York, NY
United States
Jason Sherrill
Almont, MI
United States
Journal entries for Jalal Akhmadov
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Loan has been disbursed
Location: Saatli Town, Azerbaijan
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Posted by
from Saatli Town, Azerbaijan
Oct 22, 2007 |
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Comment on this entry
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Repayment Schedule for Jalal Akhmadov
Repayment Schedule for Jalal Akhmadov
| Expected Repayments | Actual Repayments | Comments | |||
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| January 2008 | $41.67 | $42.00 |  Repayment Received
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| February 2008 | $41.67 | $42.00 | Repayment Received
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| March 2008 | $41.67 | $42.00 | Repayment Received
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| April 2008 | $41.67 | $42.00 | Repayment Received
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| May 2008 | $41.67 | $42.00 | Repayment Received
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| June 2008 | $41.67 | $42.00 | Repayment Received
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| July 2008 | $41.67 | $42.00 | Repayment Received
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| August 2008 | $41.67 | $42.00 | Repayment Received
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| September 2008 | $41.67 | $42.00 | Repayment Received
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| October 2008 | $41.67 | $42.00 | Repayment Received
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| November 2008 | $41.67 | $42.00 | Repayment Received
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| December 2008 | $41.63 | $38.00 | Repayment Received
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