Nizam Memmedov


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Nizam Memmedov
Location: Khachmaz, Azerbaijan
Activity: Transportation

About the Loan

Loan Amount: $1,000.00
Loan Use: To make improvements/repairs to the van that he uses for his business.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 13, 2007
Date Disbursed: Dec 28, 2007
Date Funded:Dec 14, 2007
Loan Ended:Jan 15, 2009

About the Country

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



Nizam Memmedov lives and works in the northeastern Azerbaijani town of Khachmaz. He is 52 years old and is married with two kids. Nizam is in the transportation business, and he drives a van providing transportation between Khachmaz and the capital city of Baku. Nizam has already successfully repaid three prior loans with Norwegian Microcredit; thus proving to be one of our trusted and valued customers. He is currently looking for funding in the amount of $1,000 so that he can make repairs to the van that he uses for his business.

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Journal entries for Nizam Memmedov


Loan has been disbursed
 
Entrepreneur: Nizam Memmedov
Location: Khachmaz, Azerbaijan

Thank you for your loan. It has been disbursed to Nizam Memmedov 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 Khachmaz, Azerbaijan
Dec 28, 2007
Comments (1)

Kiva Help Repayment Schedule for Nizam Memmedov

  Expected Repayments Actual Repayments Comments
March 2008 $83.33 $84.00 Repayment Received
April 2008 $83.33 $84.00 Repayment Received
May 2008 $83.33 $84.00 Repayment Received
June 2008 $83.33 $84.00 Repayment Received
July 2008 $83.33 $84.00 Repayment Received
August 2008 $83.33 $84.00 Repayment Received
September 2008 $83.33 $84.00 Repayment Received
October 2008 $83.33 $84.00 Repayment Received
November 2008 $83.33 $84.00 Repayment Received
December 2008 $83.33 $78.00 Repayment Received
January 2009 $83.33 $82.63 Repayment Received
February 2009 $83.37 $83.37 Repayment Received