Qurban Khudaverdiyev


Status: Paying Back

$1,000.00   Loan Amount
80% repaid

About the Entrepreneur

Name: Qurban Khudaverdiyev
Location: Bilasuvar, Azerbaijan
Activity: Livestock

About the Loan

Loan Amount: $1,000.00
Loan Use: to purchase 15 sheep and fodder
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 25, 2008
Date Disbursed: Oct 9, 2008
Date Funded:Sep 25, 2008

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8160 AZN = 1 USD



Qurban Khudaverdiyev is 56 years old. He is married and has 5 children. He is a very active man. Almost twenty years ago, he started his business of raising sheep. His family has a small herd of sheep and one cow. He usually sells sheep to local restaurants. This is his primary and stable activity. Also during harvest season, Qurban earns additional income as a tractor driver.



Despite these two jobs, since his business is still quite small, it doesn't generate enough income for the whole family.
Qurban would like to request a loan to expand his business and increase family income. He will use the profit generated by the business to repay the loan on time. With this purpose in mind, he is asking for a loan of 1000 USD in order to buy more lambs to sell when they are fully grown. The well-being of his family and his business are in your hands. Qurban and his children are sincerely grateful for your support.


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Journal entries for Qurban Khudaverdiyev


Loan has been disbursed
 
Entrepreneur: Qurban Khudaverdiyev
Location: Bilasuvar, Azerbaijan

Thank you for your loan. It has been disbursed to Qurban Khudaverdiyev by Aqroinvest Credit Union in Azerbaijan. We are excited to watch this business grow. Over the next 15 months, Aqroinvest Credit Union will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Bilasuvar, Azerbaijan
Oct 9, 2008
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Kiva Help Repayment Schedule for Qurban Khudaverdiyev

  Expected Repayments Actual Repayments Comments
January 2009 $66.67 $66.67 Repayment Received
February 2009 $66.67 $66.67 Repayment Received
March 2009 $66.67 $66.67 Repayment Received
April 2009 $66.67 $66.67 Repayment Received
May 2009 $66.67 $66.67 Repayment Received
June 2009 $66.67 $66.66 Repayment Received
July 2009 $66.67 $66.67 Repayment Received
August 2009 $66.67 $66.67 Repayment Received
September 2009 $66.67 $66.68 Repayment Received
October 2009 $66.67 $66.67 Repayment Received
November 2009 $66.67 $66.67 Repayment Received
December 2009 $66.67 $66.67 Repayment Received
January 2010 $66.67 Available Jan 1  
February 2010 $66.67 Available Feb 1  
March 2010 $66.62 Available Mar 1