Vasif Khusainov
Status: Paid Back
| $500.00 | Loan Request | |
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| $500.00 | Paid Back |
About the Entrepreneur
| Name: | Vasif Khusainov |
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| Location: | Saatli Town, Azerbaijan |
| Activity: | Dairy |
About the Loan
| Loan Amount: | $500.00 |
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| Loan Use: | To purchase another pure-bred cow |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Apr 22, 2008 |
| Date Disbursed: | May 6, 2008 |
| Date Funded: | Apr 22, 2008 |
| Loan Ended: | Jun 18, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Norwegian Microcredit LLC (Normicro) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Closed |
| Time On Kiva: | 35 months |
| Kiva Entrepreneurs: | 1447 |
| Total Loans: | $1,149,925 |
| Delinquency Rate: | N/A - No Paying Back Loans |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Azerbaijan |
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| Avg Annual Income: | $6,171.00 |
| Currency: | United States Dollars (USD) |
Vasif Khusainov is a 43-year-old married man and he has two children. He lives in the village of Saatli town in the south-central flat area of Azerbaijan Republic in the Caucasus region. Vasif and his wife (who is pictured) run the family business together. Vasif's wife cares for their only cow, while Vasif sells the cow's milk in town. Unfortunately, the income generated from the one cow is insufficient to support the family. Therefore, he is seeking a loan of $500 from the Norwegian Microcredit Saatli branch to buy one more pure-bred cow, which would increase the business's monthly income. In the Caucasus region the price of a good cow is approximately $800-$1,000, so he would supplement the money he hopes to receive from the the Norwegian Microcredit Saatli branch with his own funds to enable him to purchase another cow.
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Journal entries for Vasif Khusainov
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Loan has been disbursed
Location: Saatli Town, Azerbaijan
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Posted by
from Saatli Town, Azerbaijan
May 7, 2008 |
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Comment on this entry
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Repayment Schedule for Vasif Khusainov
Repayment Schedule for Vasif Khusainov
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2008 | $41.67 | $42.00 |  Repayment Received
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| September 2008 | $41.67 | $42.00 | Repayment Received
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| October 2008 | $41.67 | $42.00 | Repayment Received
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| November 2008 | $41.67 | $42.00 | Repayment Received
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| December 2008 | $41.67 | $42.00 | Repayment Received
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| January 2009 | $41.67 | $40.02 | Repayment Received
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| February 2009 | $41.67 | $41.67 | Repayment Received
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| March 2009 | $41.67 | $41.67 | Repayment Received
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| April 2009 | $41.67 | $41.67 | Repayment Received
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| May 2009 | $41.67 | $41.67 | Repayment Received
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| June 2009 | $41.67 | $41.67 | Repayment Received
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| July 2009 | $41.63 | $41.63 | Repayment Received
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