Natig Rafiev


Status: Paid Back

$1,500.00   Loan Request
$1,500.00   Paid Back

About the Entrepreneur

Name: Natig Rafiev
Location: Sumgayit City, Azerbaijan
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,500.00
Loan Use: To expand the area of his shop and to increase the food assortments
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 30, 2006
Date Disbursed: Feb 5, 2007
Date Funded:Jan 22, 2007
Loan Ended:Feb 5, 2008

About the Country

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



Natig is Internally Displaced Person ( IDP ) from the Armenian-ocupied territory of Azerbaijan Gubadli. He settled with his family in Sumgait city. He married and has 2 children. He is the only breadwinner in family. In the beginning his business he sold the vegetable. He borrowed the loan amount of $500 to be engaged in sale of vegetable. For the second time he borrowed the loan of amount $1100 to rent a mini shop and bought foodstuffs.
He applies for the loan $1500 to expand the area of his shop and to increase the food assortments.

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Journal entries for Natig Rafiev


Loan has been disbursed
 
Entrepreneur: Natig Rafiev
Location: Sumgayit City, Azerbaijan

Thank you for your loan. It has been disbursed to Natig Rafiev by Norwegian Microcredit LLC (Normicro) in Azerbaijan. We are excited to watch this business grow. Over the next 12 - 16 months, Norwegian Microcredit LLC (Normicro) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Sumgayit City, Azerbaijan
Feb 5, 2007
Comments (9)

Kiva Help Repayment Schedule for Natig Rafiev

  Expected Repayments Actual Repayments Comments
May 2007 $125.00 $125.00 Repayment Received
June 2007 $125.00 $125.00 Repayment Received
July 2007 $125.00 $125.00 Repayment Received
August 2007 $125.00 $125.00 Repayment Received
September 2007 $125.00 $125.00 Repayment Received
October 2007 $125.00 $125.00 Repayment Received
November 2007 $125.00 $0.00 Repayment Received
December 2007 $125.00 $125.00 Repayment Received
January 2008 $125.00 $250.00 Repayment Received
February 2008 $125.00 $125.00 Repayment Received
March 2008 $125.00 $125.00 Repayment Received
April 2008 $125.00 $125.00 Repayment Received