Najaf Musayev
Status: Paid Back
| $1,800.00 | Loan Request | |
|---|---|---|
| $1,800.00 | Paid Back |
About the Entrepreneur
| Name: | Najaf Musayev |
|---|---|
| Location: | Sumgayit City, Azerbaijan |
| Activity: | Agriculture |
About the Loan
| Loan Amount: | $1,800.00 |
|---|---|
| Loan Use: | To buy 3 cows and 5 sheep |
| Repayment Term: | 15 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Dec 12, 2006 |
| Date Disbursed: | Jan 4, 2007 |
| Date Funded: | Dec 21, 2006 |
| Loan Ended: | Jan 4, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | Norwegian Microcredit LLC (Normicro) |
|---|---|
| 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 |
|---|---|
| Avg Annual Income: | $6,171.00 |
| Currency: | United States Dollars (USD) |
Najaf is refugee from the Armenian-occupied territory of Azerbaijan Lachin. His refugee life, full of challenges and uncertainties, began in the city of Sumgayit, where he is involved in cattle trade since 1998. The organization that really gave a push to his business was Norwegian Microcredit (Normicro). Loans of 700 and 900 USD in 2003-2004 were followed by the loan of 1000 USD in 2005. Within the period of his partnership with Normicro, no late payments were available.
Today, this refugee-turned-entrepreneur is a rather successful businessman. He applies for the loan of 1,800 USD to buy 3 cows and 5 sheep. Among his plans is inception of milk and cheese production. He believes in himself and his repayment capacity.
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GoodWire.org
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Scott
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Stacy
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Bob & Sharon
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David
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Lawrence
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Jennifer
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Matt
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Stacy
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Philip & Jess
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Chris
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Mark
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Saatchi & Saatchi
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Kim Allen
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Burnetta
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Rob
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David
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Kim & Sophie
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John
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Elda
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Richard C.
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Scott
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J,K, Aidan & Layton
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Journal entries for Najaf Musayev
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Loan has been disbursed
Location: Sumgayit City, Azerbaijan
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Posted by
from Sumgayit City, Azerbaijan
Jan 4, 2007 |
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Comments (1)
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Repayment Schedule for Najaf Musayev
Repayment Schedule for Najaf Musayev
| Expected Repayments | Actual Repayments | Comments | |||
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| April 2007 | $150.00 | $150.00 |  Repayment Received
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| May 2007 | $150.00 | $150.00 | Repayment Received
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| June 2007 | $150.00 | $150.00 | Repayment Received
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| July 2007 | $150.00 | $150.00 | Repayment Received
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| August 2007 | $150.00 | $150.00 | Repayment Received
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| September 2007 | $150.00 | $150.00 | Repayment Received
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| October 2007 | $150.00 | $150.00 | Repayment Received
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| November 2007 | $150.00 | $0.00 | Repayment Received
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| December 2007 | $150.00 | $150.00 | Repayment Received
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| January 2008 | $150.00 | $300.00 | Repayment Received
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| February 2008 | $150.00 | $150.00 | Repayment Received
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| March 2008 | $150.00 | $150.00 | Repayment Received
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