Qudrat Shukurov


Status: Paying Back

$1,200.00   Loan Amount
80% repaid

About the Entrepreneur

Name: Qudrat Shukurov
Location: Saatli, Azerbaijan
Activity: Cattle

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase four calves
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 12, 2008
Date Disbursed: Oct 27, 2008
Date Funded:Oct 13, 2008

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8099 AZN = 1 USD



Qudrat Shukurov is 41 years old. He is married and has three children. Qudrat is a hard-working man who, while continuing to work another job, started his own business as a source of additional income.

Qudrat works as tractor driver, but his profession brings him money only once a year, in the autumn when it is harvest season. At all other times, he is unemployed, and this cycle motivated him to start his cattle breeding business in 2001. With time, he has increased his sales and now he needs assistance for investing in his business. The business has been going well and he would like it to continue to grow.

Qudrat applied for a loan of $1200 USD to buy four calves. With the profit from this loan, he wants to support his children with their education. He and his family thank you very much for the support that you offer them in continuing this business and helping them give their children a better quality of life.

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Journal entries for Qudrat Shukurov


Loan has been disbursed
 
Entrepreneur: Qudrat Shukurov
Location: Saatli, Azerbaijan

Thank you for your loan. It has been disbursed to Qudrat Shukurov 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 Saatli, Azerbaijan
Oct 28, 2008
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Kiva Help Repayment Schedule for Qudrat Shukurov

  Expected Repayments Actual Repayments Comments
January 2009 $80.00 $80.00 Repayment Received
February 2009 $80.00 $80.00 Repayment Received
March 2009 $80.00 $80.00 Repayment Received
April 2009 $80.00 $80.00 Repayment Received
May 2009 $80.00 $80.00 Repayment Received
June 2009 $80.00 $79.99 Repayment Received
July 2009 $80.00 $80.00 Repayment Received
August 2009 $80.00 $80.00 Repayment Received
September 2009 $80.00 $80.01 Repayment Received
October 2009 $80.00 $80.00 Repayment Received
November 2009 $80.00 $80.00 Repayment Received
December 2009 $80.00 $80.00 Repayment Received
January 2010 $80.00 Available Jan 1  
February 2010 $80.00 Available Feb 1  
March 2010 $80.00 Available Mar 1