Farzaliyev Arif


Status: Paying Back

$1,200.00   Loan Amount
73% repaid

About the Entrepreneur

Name: Farzaliyev Arif
Location: Bilasuvar, Azerbaijan
Activity: Livestock

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase 15 sheep and fodder
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 1, 2008
Date Disbursed: Nov 21, 2008
Date Funded:Nov 7, 2008

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8087 AZN = 1 USD



Farzaliyev Arif sells livestock. He started his business in 2000 with growing the sheep. Now Arif has the sheep shed and which he sells in the local market once-twice in a week . He likes animals and his job very much which allows him to support his family. Arif is 36 years old. He is married with four children. His elder son is in the secondary school.



The business requires a great effort to keep it successful and to generate stable income for the family. Thus, his elder son gets up every morning at five o'clock in order to feed the animals and to look after them. Also Arif has a car and sometimes makes money by taking people from his settlement to the city or to the closest city. Today Arif requests 1200 USD for the term of 15 months. The loan is required to purchase 15 sheep and fodder for them. Arif would like everyone to trust him, and he promises to be precise in the loan payment.


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Journal entries for Farzaliyev Arif


Loan has been disbursed
 
Entrepreneur: Farzaliyev Arif
Location: Bilasuvar, Azerbaijan

Thank you for your loan. It has been disbursed to Farzaliyev Arif 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
Nov 22, 2008
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Kiva Help Repayment Schedule for Farzaliyev Arif

  Expected Repayments Actual Repayments Comments
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 $80.00 Repayment Received
July 2009 $80.00 $80.00 Repayment Received
August 2009 $80.00 $80.00 Repayment Received
September 2009 $80.00 $80.00 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  
April 2010 $80.00 Available Apr 1