Ilhem Memmedov


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Ilhem Memmedov
Location: Devechi, Azerbaijan
Activity: Food Market

About the Loan

Loan Amount: $1,200.00
Loan Use: Ilhem would like to begin constructing a shop where he can sell his produce.
Repayment Term: 16 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 9, 2007
Date Disbursed: Oct 29, 2007
Date Funded:Oct 15, 2007
Loan Ended:Jan 15, 2009

About the Country

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



Ilhem Memmedov (pictured on the left) sells fruits and vegetables at the bazaar in his northeastern Azerbaijani town of Devechi. Ilhem has been selling fruits and vegetables for the last 10 years and he is married with two children. He has already successfully re-paid two loans with Norwegian Microcredit. His last loan was in the amount of $600 and he is currently looking to get $1,200 so that he can begin to build a store where he can sell his produce.

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Journal entries for Ilhem Memmedov


Loan has been disbursed
 
Entrepreneur: Ilhem Memmedov
Location: Devechi, Azerbaijan

Thank you for your loan. It has been disbursed to Ilhem Memmedov by Norwegian Microcredit LLC (Normicro) in Azerbaijan. We are excited to watch this business grow. Over the next 14 - 20 months, Norwegian Microcredit LLC (Normicro) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Devechi, Azerbaijan
Oct 29, 2007
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Kiva Help Repayment Schedule for Ilhem Memmedov

  Expected Repayments Actual Repayments Comments
January 2008 $85.71 $86.00 Repayment Received
February 2008 $85.71 $86.00 Repayment Received
March 2008 $85.71 $86.00 Repayment Received
April 2008 $85.71 $86.00 Repayment Received
May 2008 $85.71 $86.00 Repayment Received
June 2008 $85.71 $86.00 Repayment Received
July 2008 $85.71 $86.00 Repayment Received
August 2008 $85.71 $86.00 Repayment Received
September 2008 $85.71 $86.00 Repayment Received
October 2008 $85.71 $86.00 Repayment Received
November 2008 $85.71 $86.00 Repayment Received
December 2008 $85.71 $83.00 Repayment Received
January 2009 $85.71 $85.23 Repayment Received
February 2009 $85.77 $85.77 Repayment Received