Cahangir Ceferov


Status: Paid Back

$825.00   Loan Request
$825.00   Paid Back

About the Entrepreneur

Name: Cahangir Ceferov
Location: Sumgayit City, Azerbaijan
Activity: Food Production/Sales

About the Loan

Loan Amount: $825.00
Loan Use: to open a large vegetable section of his counter and to improve the living conditions of his family
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 5, 2007
Date Disbursed: Nov 24, 2007
Date Funded:Nov 10, 2007
Loan Ended:Apr 15, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8498 AZN = 1 USD



Ceferov Cahangir was born in the Gubadli region, situated in the West of Azarbaijan. He is 54 years old and the father of five children. Right now he lives with his family in Sumgayit city, situated in the east of Azerbaijan. He is homeless and staying in a worker’s hostel in Sumgayit city. Cahangir opened his business 1998. He started selling a variety of vegetables in front of his hostel. With this small business and only $200 in working capital, he could hardly earn enough money to meet family’s food and important consumption needs. In 2004 Cahangir borrowed $300 from Normicro, expanded his business and bought necessary fruits. Next time he borrowed $600 and increased his business. Now, he wants to borrow an $800 loan to open a larger vegetable section of his business and he hopes to further improve the living conditions of his family.

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Robert
Toronto, Ontario
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Jon
Pittsburgh, PA
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Jeremy
Seattle, WA
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Mark
atlanta, GA
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Frances
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ann
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Zachary
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Larry and Anne
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pj
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Journal entries for Cahangir Ceferov


Loan has been disbursed
 
Entrepreneur: Cahangir Ceferov
Location: Sumgayit City, Azerbaijan

Thank you for your loan. It has been disbursed to Cahangir Ceferov by Norwegian Microcredit LLC (Normicro) in Azerbaijan. We are excited to watch this business grow. Over the next 16 - 22 months, Norwegian Microcredit LLC (Normicro) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Sumgayit City, Azerbaijan
Nov 24, 2007
Comments (1)

Kiva Help Repayment Schedule for Cahangir Ceferov

  Expected Repayments Actual Repayments Comments
February 2008 $51.56 $52.00 Repayment Received
March 2008 $51.56 $52.00 Repayment Received
April 2008 $51.56 $52.00 Repayment Received
May 2008 $51.56 $52.00 Repayment Received
June 2008 $51.56 $52.00 Repayment Received
July 2008 $51.56 $52.00 Repayment Received
August 2008 $51.56 $52.00 Repayment Received
September 2008 $51.56 $52.00 Repayment Received
October 2008 $51.56 $52.00 Repayment Received
November 2008 $51.56 $52.00 Repayment Received
December 2008 $51.56 $48.00 Repayment Received
January 2009 $51.56 $50.76 Repayment Received
February 2009 $51.56 $51.56 Repayment Received
March 2009 $51.56 $51.56 Repayment Received
April 2009 $51.56 $51.56 Repayment Received
May 2009 $51.60 $51.56 Repayment Received