Allahverdi Abbasov


Status: Paid Back

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

About the Entrepreneur

Name: Allahverdi Abbasov
Location: Baku, Azerbaijan
Activity: Cattle

About the Loan

Loan Amount: $1,000.00
Loan Use: To increase the number of cattle
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 25, 2008
Date Disbursed: Feb 10, 2008
Date Funded:Jan 27, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8449 AZN = 1 USD



Allahverdi is a 58-year-old Internally Displaced Person from the Khojavand region situated in the east part of the country, in the Azerbaijan- Armenian conflict zone. He lives in the Lokbatan settlement in the suburbs of Baku with his family--his wife and three children. He breeds cattle in the shed that he built. He has been engaged in this business for three years. He buys cattle, raises them and sells them alive to the local market or to butchers. Cattle breeding has become traditional and it can bring good income. Allahverdi wants to develop this business, to increase the number of cows. He wants to buy more calves to add to his livestock.

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Journal entries for Allahverdi Abbasov


Loan has been disbursed
 
Entrepreneur: Allahverdi Abbasov
Location: Baku, Azerbaijan

Thank you for your loan. It has been disbursed to Allahverdi Abbasov 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 Baku, Azerbaijan
Feb 10, 2008
Comments (1)

Kiva Help Repayment Schedule for Allahverdi Abbasov

  Expected Repayments Actual Repayments Comments
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 $84.00 Repayment Received
January 2009 $83.33 $78.00 Repayment Received
February 2009 $83.33 $83.33 Repayment Received
March 2009 $83.33 $83.33 Repayment Received
April 2009 $83.37 $83.34 Repayment Received