Ruslan Mammadov


Status: Paid Back

$900.00   Loan Request
$900.00   Paid Back

About the Entrepreneur

Name: Ruslan Mammadov
Location: Saatli, Azerbaijan
Activity: Animal Sales

About the Loan

Loan Amount: $900.00
Loan Use: Going to purchase 3 calves
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Nov 4, 2007
Date Disbursed: Nov 20, 2007
Date Funded:Nov 6, 2007
Loan Ended:Jun 15, 2009

About the Country

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



Ruslan Mammadov is a 33-year-old man who keeps and raises livestock and fodder in the small village near the Saatli region which is situated in the southern part of Azerbaijan. Ruslan is married and has two sons. He started his business in 2007. Although he does not have experience he works very hard. Ruslan started raising fodder for cattle and sells it to the local farmers. With the money he received for the fodder he purchased a calf and he is going to engage in the meat production business. For this purpose he has applied for 900 USD. This amount will help him to purchase three calves, raise them and sell them for meat to the local bazaar traders. The estimated cost for calf is 200-300 USD.

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Journal entries for Ruslan Mammadov


Loan has been disbursed
 
Entrepreneur: Ruslan Mammadov
Location: Saatli, Azerbaijan

Thank you for your loan. It has been disbursed to Ruslan Mammadov by Aqroinvest CU in Azerbaijan. We are excited to watch this business grow. Over the next 18 - 24 months, Aqroinvest CU will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Saatli, Azerbaijan
Nov 21, 2007
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Kiva Help Repayment Schedule for Ruslan Mammadov

  Expected Repayments Actual Repayments Comments
February 2008 $50.00 $50.00 Repayment Received
March 2008 $50.00 $50.00 Repayment Received
April 2008 $50.00 $50.00 Repayment Received
May 2008 $50.00 $50.00 Repayment Received
June 2008 $50.00 $50.00 Repayment Received
July 2008 $50.00 $50.00 Repayment Received
August 2008 $50.00 $50.00 Repayment Received
September 2008 $50.00 $50.00 Repayment Received
October 2008 $50.00 $50.00 Repayment Received
November 2008 $50.00 $50.00 Repayment Received
December 2008 $50.00 $50.00 Repayment Received
January 2009 $50.00 $50.00 Repayment Received
February 2009 $50.00 $50.00 Repayment Received
March 2009 $50.00 $50.00 Repayment Received
April 2009 $50.00 $50.00 Repayment Received
May 2009 $50.00 $50.00 Repayment Received
June 2009 $50.00 $50.00 Repayment Received
July 2009 $50.00 $50.00 Repayment Received