Arastun Azizov


Status: Paying Back

$1,200.00   Loan Amount
72% repaid

About the Entrepreneur

Name: Arastun Azizov
Location: Saatli, Azerbaijan
Activity: Cafe

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase chairs and tables and make repairs in a cafe
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 29, 2008
Date Disbursed: Sep 13, 2008
Date Funded:Aug 30, 2008

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8225 AZN = 1 USD



Arastun Azizov is a 47-year-old man who owns his café in the small village of Saatli. The peak period at his cafe is during lunch and in the evenings when tired people come here to drink tea and relax after a long work day. He has more than 20 years of experience in this field as his father was running the business and Arastun then took over the business.


It is the only source of income for his family, Arastun has decided to expand his business. His café needs repairs and additional chairs and tables. To do this work and purchase these inventories, he has applied for a loan.


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Journal entries for Arastun Azizov


Loan has been disbursed
 
Entrepreneur: Arastun Azizov
Location: Saatli, Azerbaijan

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


Posted by from Saatli, Azerbaijan
Sep 14, 2008
Comment on this entry

Kiva Help Repayment Schedule for Arastun Azizov

  Expected Repayments Actual Repayments Comments
December 2008 $66.66 $67.00 Repayment Received
January 2009 $66.66 $66.32 Repayment Received
February 2009 $66.66 $66.66 Repayment Received
March 2009 $66.66 $66.66 Repayment Received
April 2009 $66.66 $66.66 Repayment Received
May 2009 $66.66 $66.66 Repayment Received
June 2009 $66.66 $66.66 Repayment Received
July 2009 $66.66 $66.66 Repayment Received
August 2009 $66.66 $66.66 Repayment Received
September 2009 $66.66 $66.66 Repayment Received
October 2009 $66.66 $66.66 Repayment Received
November 2009 $66.66 $66.66 Repayment Received
December 2009 $66.66 $66.66 Repayment Received
January 2010 $66.66 Available Jan 1  
February 2010 $66.66 Available Feb 1  
March 2010 $66.66 Available Mar 1  
April 2010 $66.66 Available Apr 1  
May 2010 $66.78 Available May 1