Ali Hagverdiyev


Status: Paid Back

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

About the Entrepreneur

Name: Ali Hagverdiyev
Location: Saatli Town, Azerbaijan
Activity: Food Market

About the Loan

Loan Amount: $1,000.00
Loan Use: to buy new varieties
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 23, 2008
Date Disbursed: Mar 12, 2008
Date Funded:Feb 27, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8455 AZN = 1 USD



Ali is a resident of Saalti region. He is 44 and married with two children. Ali has been in business for 10 years and has a small food store, where his wife also helps him. Recently, business has been good. He needs to increase his assortment of goods, but lacks the working capital to do so. For this reason, he has applied to the Saalti branch of Normicro for a loan of $1000, to be repaid over 12 months.

Translated from Russian by Susie Armitage, Kiva volunteer.



Али является жителем Саатлинского района. Ему 44 года, женат, имеет 2 детей. Али занимается бизнесом уже 10 лет. У него неболшой продуктовый магазин. В торговле ему помогает жена. В последнее время торговля идет хорошо. Ему необходимо расширить ассортимент товаров, но весь его каритал вложен в оборот. По этой причине он обратился в Саатлинский филиал Нормикро для получения кредита в сумме 1000 USD на 12 месяцев.


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Julien
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Journal entries for Ali Hagverdiyev


Loan has been disbursed
 
Entrepreneur: Ali Hagverdiyev
Location: Saatli Town, Azerbaijan

Thank you for your loan. It has been disbursed to Ali Hagverdiyev 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 Saatli Town, Azerbaijan
Mar 12, 2008
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Kiva Help Repayment Schedule for Ali Hagverdiyev

  Expected Repayments Actual Repayments Comments
June 2008 $83.34 $84.00 Repayment Received
July 2008 $83.34 $84.00 Repayment Received
August 2008 $83.34 $84.00 Repayment Received
September 2008 $83.34 $84.00 Repayment Received
October 2008 $83.34 $84.00 Repayment Received
November 2008 $83.34 $84.00 Repayment Received
December 2008 $83.34 $84.00 Repayment Received
January 2009 $83.34 $78.70 Repayment Received
February 2009 $83.34 $83.34 Repayment Received
March 2009 $83.34 $83.34 Repayment Received
April 2009 $83.34 $83.34 Repayment Received
May 2009 $83.26 $83.28 Repayment Received