Arzu Agayeva


Status: Paid Back

$700.00   Loan Request
$700.00   Paid Back

About the Entrepreneur

Name: Arzu Agayeva
Location: Imishli, Azerbaijan
Activity: Food Production/Sales

About the Loan

Loan Amount: $700.00
Loan Use: To purchase two calves and fodder
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 6, 2007
Date Disbursed: Dec 20, 2007
Date Funded:Dec 6, 2007
Loan Ended:Apr 15, 2009

About the Country

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



Arzu Agayeva is a 41-year-old married woman who runs her small business in the southern part of Azerbaijan in the Imishli region. Arzu lives with her husband and two sons in a small house. She breeds animals and sells them for meat to the local bazaar traders. She has thirteen years of experience in this field.


This business has always brought her a good income, but prices for everything rise every year. To keep two sons is getting harder and harder. Her husband got ill three years ago and is a disabled person. Arzu must cover all of the family's needs. Her sons are high school students, and Arzu's dream is to give them a good education. Arzu works from early morning to late at night. She decided to apply for a 700 USD loan with a repayment term of 15 months to expand her business and increase her income. With the loan, she is going to purchase two calves for 300 USD each and fodder for 100 USD.


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Journal entries for Arzu Agayeva


Loan has been disbursed
 
Entrepreneur: Arzu Agayeva
Location: Imishli, Azerbaijan

Thank you for your loan. It has been disbursed to Arzu Agayeva by Aqroinvest CU in Azerbaijan. We are excited to watch this business grow. Over the next 15 months, Aqroinvest CU will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Imishli, Azerbaijan
Dec 20, 2007
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Kiva Help Repayment Schedule for Arzu Agayeva

  Expected Repayments Actual Repayments Comments
March 2008 $46.67 $47.00 Repayment Received
April 2008 $46.67 $47.00 Repayment Received
May 2008 $46.67 $47.00 Repayment Received
June 2008 $46.67 $47.00 Repayment Received
July 2008 $46.67 $47.00 Repayment Received
August 2008 $46.67 $47.00 Repayment Received
September 2008 $46.67 $47.00 Repayment Received
October 2008 $46.67 $47.00 Repayment Received
November 2008 $46.67 $47.00 Repayment Received
December 2008 $46.67 $47.00 Repayment Received
January 2009 $46.67 $43.38 Repayment Received
February 2009 $46.67 $46.67 Repayment Received
March 2009 $46.67 $46.67 Repayment Received
April 2009 $46.67 $46.67 Repayment Received
May 2009 $46.62 $46.61 Repayment Received