Ramile Mammadova


Status: Paying Back

$1,000.00   Loan Amount
80% repaid

About the Entrepreneur

Name: Ramile Mammadova
Location: Bilasuvar, Azerbaijan
Activity: Clothing

About the Loan

Loan Amount: $1,000.00
Loan Use: To buy new merchandise.
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 27, 2008
Date Disbursed: Oct 11, 2008
Date Funded:Sep 27, 2008

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8078 AZN = 1 USD



Ramile Mammadova is 25 years old. She is married and has a son. Her mother invited her to help sell clothing at the marketplace and she agreed to the offer. This is how she learned the skills necessary to manage a store. Now she has run the store since 2003. She sells woman's clothes, tights, socks and kerchiefs. Ramile thinks it is important to buy new merchandise so she can stock a wider variety of items, which in turn will attract more customers. She has applied for a loan of $1000 USD. This loan will help her to increase her income, and help her better support her family.

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Journal entries for Ramile Mammadova


Loan has been disbursed
 
Entrepreneur: Ramile Mammadova
Location: Bilasuvar, Azerbaijan

Thank you for your loan. It has been disbursed to Ramile Mammadova 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 12, 2008
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Kiva Help Repayment Schedule for Ramile Mammadova

  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