Arzu Mammadova


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Arzu Mammadova
Location: Saatli Town, Azerbaijan
Activity: Fuel/Firewood

About the Loan

Loan Amount: $500.00
Loan Use: Renovation and safety equipment replacement
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 3, 2007
Date Disbursed: Dec 18, 2007
Date Funded:Dec 4, 2007
Loan Ended:Jan 15, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8510 AZN = 1 USD



Mrs. Arzu Mammadova lives in a village near Saatli, Azerbaijan. She is 40, married and has 3 children. Five years ago, Mrs. Mammadova and her husband (see photo) opened a fuel store. The business goes well, but for safety it requires periodic maintenance and equipment replacement. To finance the renovation, Mrs. Arzu Mammadova applied for a loan from NorMicro, a Kiva partner.

Translated from Russian
by Aleksandr Zhuk, Kiva Volunteer.

Г-жа Арзу живет в деревне, расположенной около города Саатлы Республики Азербайджан. Ей 40 лет, замужем, имеет троих детей. Пять лет тому назад она вместе со своим мужем (см. фото) открыла газозаправочную станцию. Торговля пошла хорошо, но этот вид бизнеса требует время от времени обновления оборудования в целях безопасности.Для этой цели Манзар решила взять кредит и обратилась за помощью к Норвежскому Микрокредиту-партнеру КИВА.


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Lenders to this entrepreneur

Diane R
KivaFriends.org, Santa Clara, CA
United States

Niklas
Gothenburg, Gothenburg
Sweden

Katie
New York, NY
United States

Andrea & Brian
St. Paul, MN
United States

Shawna
fredericton, New Brunswick
Canada

MeStoopid
Guildford, Surrey
United Kingdom

David & Brandon
Brisbane, CA
United States

Anne-Grete
Bergen,
Norway

Ann-Marie
Dallas, TX
United States

Branislav & Mirjana
Chicago, IL
United States

Patrik
Taby, Stockholm
Sweden

DAVID
toronto, Ontario
Canada

Anonymous
San Diego, CA
United States

Anonymous
coupeville, WA
United States

The Comforter
Edmonton, Alberta
Canada

Anonymous
Seattle, WA
United States

Shiv
Notre-Dame-de-l'Ile-Perrot, Quebec
Canada

CYNTHIA
Fort Washington, PA
United States



Journal entries for Arzu Mammadova


Loan has been disbursed
 
Entrepreneur: Arzu Mammadova
Location: Saatli Town, Azerbaijan

Thank you for your loan. It has been disbursed to Arzu Mammadova by Norwegian Microcredit LLC (Normicro) in Azerbaijan. We are excited to watch this business grow. Over the next 12 months, Norwegian Microcredit LLC (Normicro) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Saatli Town, Azerbaijan
Dec 19, 2007
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Kiva Help Repayment Schedule for Arzu Mammadova

  Expected Repayments Actual Repayments Comments
March 2008 $41.67 $42.00 Repayment Received
April 2008 $41.67 $42.00 Repayment Received
May 2008 $41.67 $42.00 Repayment Received
June 2008 $41.67 $42.00 Repayment Received
July 2008 $41.67 $42.00 Repayment Received
August 2008 $41.67 $42.00 Repayment Received
September 2008 $41.67 $42.00 Repayment Received
October 2008 $41.67 $42.00 Repayment Received
November 2008 $41.67 $42.00 Repayment Received
December 2008 $41.67 $42.00 Repayment Received
January 2009 $41.67 $38.38 Repayment Received
February 2009 $41.63 $41.62 Repayment Received