Babek Ismayilov


Status: Paid Back

$850.00   Loan Request
$850.00   Paid Back

About the Entrepreneur

Name: Babek Ismayilov
Location: Fizuli District, Azerbaijan
Activity: Shoe Sales

About the Loan

Loan Amount: $850.00
Loan Use: To buy leather shoes
Repayment Term: 16 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 24, 2007
Date Disbursed: Mar 24, 2007
Date Funded:Mar 10, 2007
Loan Ended:May 24, 2008

About the Country

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



Babek has a small shop where he sells rubbers. He started off working by selling as a retailer.
He saved enough money to set up a business .
In the beginning of his business he borrowed a loan of $400 and bought rubbers, rubber shoes.
For the second time he borrowed a loan of $600 to open a shoe store.
Now he needs a loan of $850 to buy leather shoes. He wants to improve his business.
Babek is 37, married, has 2 children, Internally Displaced Person (IDP) from the Armenian-occupied territory of Azerbaijan Fizuli region , settled on front line in Fizuli region Akhmedbeyli village.


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Lenders to this entrepreneur

Natalie
New Westminster, BC
Canada

Emily's Family
Santa Barbara, CA
United States

Jeremy
Karachi, Sindh
Pakistan

Anonymous
Plainfield, IL
United States

Bob
Burlington, Ontario
Canada

Steven
Camarillo, CA
United States

Matt
Los Angeles, CA
United States

Carol
hueytown, AL
United States

Gerhard
Stuttgart,
Germany



Journal entries for Babek Ismayilov


Loan has been disbursed
 
Entrepreneur: Babek Ismayilov
Location: Fizuli District, Azerbaijan

Thank you for your loan. It has been disbursed to Babek Ismayilov by Komak Credit Union in Azerbaijan. We are excited to watch this business grow. Over the next 14 - 18 months, Komak Credit Union will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Fizuli District, Azerbaijan
Mar 24, 2007
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Thanks!
 
Entrepreneur: Babek Ismayilov
Location: Fizuli District, Azerbaijan

Babek is very happy, because his business is going well. Before he had the small shop and sold rubbers. He expanded the area of his shop, got a lot of goods: shoes,clothes. He is very thankful to Kiva for the loan. With this loan he improved his business.


Posted by Ulviyya Bayramova from Fizuli District, Azerbaijan
May 7, 2008
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Kiva Help Repayment Schedule for Babek Ismayilov

  Expected Repayments Actual Repayments Comments
June 2007 $60.71 $0.00 Repayment Received
July 2007 $60.71 $0.00 Repayment Received
August 2007 $60.71 $183.00 Repayment Received
September 2007 $60.71 $61.00 Repayment Received
October 2007 $60.71 $61.00 Repayment Received
November 2007 $60.71 $61.00 Repayment Received
December 2007 $60.71 $61.00 Repayment Received
January 2008 $60.71 $61.00 Repayment Received
February 2008 $60.71 $61.00 Repayment Received
March 2008 $60.71 $61.00 Repayment Received
April 2008 $60.71 $61.00 Repayment Received
May 2008 $60.71 $61.00 Repayment Received
June 2008 $60.71 $61.00 Repayment Received
July 2008 $60.77 $57.00 Repayment Received