Famil Huseynov


Status: Paying Back

$1,200.00   Loan Amount
80% repaid

About the Entrepreneur

Name: Famil Huseynov
Location: Saatli, Azerbaijan
Activity: Cattle

About the Loan

Loan Amount: $1,200.00
Loan Use: Purchase of four calves
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 15, 2008
Date Disbursed: Oct 30, 2008
Date Funded:Oct 16, 2008

About the Country

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



Famil Huseynov is 54 years old and has three daughters. In spite of his age, he continues to work hard to support his family. In 1995, Famil started his own livestock breeding and sales business, since working as an accountant did not allow him to earn enough to cover his family needs. The cattle purchase and sales business, on the other hand, has helped Famil gain valuable professional experience and has improved his family's financial stability.

At present, Famil would like to take out a loan of US$1,200 to be able to purchase more cattle for sale. In turn, he hopes to generate additional income for his family and improve the quality of life for his children who have always supported him in his work.

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Journal entries for Famil Huseynov


Loan has been disbursed
 
Entrepreneur: Famil Huseynov
Location: Saatli, Azerbaijan

Thank you for your loan. It has been disbursed to Famil Huseynov 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 31, 2008
Comment on this entry

Kiva Help Repayment Schedule for Famil Huseynov

  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