Sakhavat Shadmanov


Status: Paid Back

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

About the Entrepreneur

Name: Sakhavat Shadmanov
Location: Khirdalan Town, Azerbaijan
Activity: Services

About the Loan

Loan Amount: $1,000.00
Loan Use: To expand his business
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 16, 2006
Date Disbursed: Jan 4, 2007
Date Funded:Dec 21, 2006
Loan Ended:Jan 5, 2008

About the Country

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



Sakhavat has a small store where he sells spare parts. He is a very kind, friendly and hard working person. He has had his businessfor 13 years ago and it allows him to support to his family.He is 39 years old. Sakhavat is Internally Displaced Person ( IDP ) from the Armenian-ocupied territory of Azerbaijan Kalbajar. He and his 3 children sttled in the Khirdalan town. He borrowed $500 from Komak Credit Union and spent this loan amount to buy the spare parts .
He applies for a loan amount of $1000 to buy the spare parts and to expand his business area.. He is very optimistic about the future of his business.


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Journal entries for Sakhavat Shadmanov


Loan has been disbursed
 
Entrepreneur: Sakhavat Shadmanov
Location: Khirdalan Town, Azerbaijan

Thank you for your loan. It has been disbursed to Sakhavat Shadmanov by Komak Credit Union in Azerbaijan. We are excited to watch this business grow. Over the next 12 - 16 months, Komak Credit Union will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Khirdalan Town, Azerbaijan
Jan 5, 2007
Comments (6)

Good luck!
 
Entrepreneur: Sakhavat Shadmanov
Location: Khirdalan Town, Azerbaijan

Sakhavat before had a small store, where he sold spare parts. This loan helped him to expand the area of his shop and bought a lot of spare parts and now he can meet his cusomers need. He thanks Kiva for all his success.


Posted by Ulviyya Bayramova from Khirdalan Town, Azerbaijan
Jun 11, 2007
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Kiva Help Repayment Schedule for Sakhavat Shadmanov

  Expected Repayments Actual Repayments Comments
April 2007 $83.33 $84.00 Repayment Received
May 2007 $83.33 $84.00 Repayment Received
June 2007 $83.33 $0.00 Repayment Received
July 2007 $83.33 $168.00 Repayment Received
August 2007 $83.33 $84.00 Repayment Received
September 2007 $83.33 $84.00 Repayment Received
October 2007 $83.33 $84.00 Repayment Received
November 2007 $83.33 $84.00 Repayment Received
December 2007 $83.33 $84.00 Repayment Received
January 2008 $83.33 $84.00 Repayment Received
February 2008 $83.33 $84.00 Repayment Received
March 2008 $83.37 $76.00 Repayment Received