Bahar Babayeva


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Bahar Babayeva
Location: Sumgayit City, Azerbaijan
Activity: Food Market

About the Loan

Loan Amount: $1,200.00
Loan Use: To increase the range of goods and to buy the refrigerator
Repayment Term: 21 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 24, 2007
Date Disbursed: Mar 14, 2007
Date Funded:Feb 28, 2007
Loan Ended:Oct 10, 2008

About the Country

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



Bahar has been engaged in this business for 5 years. She is Internally Displaced Person (IDP) from the Armenian-ocupied territory of Azerbaijan Gubadli region, settled in Sumgait city. She is 40, has 2 children. She has his own mini shop. This 40-year-old woman is the only breadwinner in family. Having borrowed the loan amount of $500 from Normicro she rented the grocery store and bought foodstuffs: sugar, tea, rice and etc.
Now Bahar wants loan amount of $1500 to increase the range of goods and to buy the refrigerator.


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Journal entries for Bahar Babayeva


Loan has been disbursed
 
Entrepreneur: Bahar Babayeva
Location: Sumgayit City, Azerbaijan

Thank you for your loan. It has been disbursed to Bahar Babayeva by Norwegian Microcredit LLC (Normicro) in Azerbaijan. We are excited to watch this business grow. Over the next 18 - 18 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
Mar 14, 2007
Comment on this entry

Entrepreneur update
 
Entrepreneur: Bahar Babayeva
Location: Sumgayit City, Azerbaijan

We regret to inform you, but some of the information regarding this client and/or photograph posted was inaccurate. Following is the correct information for the client. We apologize for the error.

Bahar is an Internally-Displaced Person (IDP) from the region of Qubadli in Azerbaijan. She relocated to Sumgayit city, where she lives with her husband and three children. She began her business of selling clothing and apparel items five years ago. Bahar applied for the loan of $1200 to purchase more inventory and to expand the variety of goods she sells.

We thank you for your loan and the help you have given Bahar to develop and expand her business in order to provide a sustainable means for bettering her life and the lives of her family.


Posted by Joy Hough from Sumgayit City, Azerbaijan
Apr 1, 2007
Comment on this entry

Updated Picture
 
Entrepreneur: Bahar Babayeva
Location: Sumgayit City, Azerbaijan

This is the updated picture for Bahar Babayeva


Posted by Joy Hough from Sumgayit City, Azerbaijan
Apr 2, 2007
Comments (1)

Kiva Help Repayment Schedule for Bahar Babayeva

  Expected Repayments Actual Repayments Comments
June 2007 $66.67 $67.00 Repayment Received
July 2007 $66.67 $402.00 Repayment Received
August 2007 $66.67 ($335.00) Repayment Received
September 2007 $66.67 $134.00 Repayment Received
October 2007 $66.67 $67.00 Repayment Received
November 2007 $66.67 $67.00 Repayment Received
December 2007 $66.67 $67.00 Repayment Received
January 2008 $66.67 $67.00 Repayment Received
February 2008 $66.67 $67.00 Repayment Received
March 2008 $66.67 $67.00 Repayment Received
April 2008 $66.67 $67.00 Repayment Received
May 2008 $66.67 $67.00 Repayment Received
June 2008 $66.67 $67.00 Repayment Received
July 2008 $66.67 $67.00 Repayment Received
August 2008 $66.67 $67.00 Repayment Received
September 2008 $66.67 $67.00 Repayment Received
October 2008 $66.67 $67.00 Repayment Received
November 2008 $66.61 $61.00 Repayment Received