Ramin Movludov


Status: Paying Back

$1,200.00   Loan Amount
54% repaid

About the Entrepreneur

Name: Ramin Movludov
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: Dec 4, 2008
Date Disbursed: Jan 27, 2009
Date Funded:Dec 17, 2008

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8086 AZN = 1 USD



Ramin Movludov, a 27-year-old man who breeds calves in a small village in the southern part of Azerbaijan, is directing all of his efforts to provide the best for his adorable daughter. He started his own business a year ago after having saved up enough money working on his father’s farm to purchase his own calves.



Ramin is a hardworking person, awaking at 5 a.m. to feed his calves and look after them throughout the day. He would now like to expand his business and so is requesting a loan of $1200 to purchase four more calves. Ramin is counting on your generosity!


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Journal entries for Ramin Movludov


Loan has been disbursed
 
Entrepreneur: Ramin Movludov
Location: Saatli, Azerbaijan

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


Posted by from Saatli, Azerbaijan
Jan 27, 2009
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Kiva Help Repayment Schedule for Ramin Movludov

  Expected Repayments Actual Repayments Comments
April 2009 $64.52 $64.52 Repayment Received
May 2009 $66.45 $66.45 Repayment Received
June 2009 $68.45 $68.44 Repayment Received
July 2009 $70.50 $70.50 Repayment Received
August 2009 $72.62 $72.62 Repayment Received
September 2009 $74.80 $74.81 Repayment Received
October 2009 $77.04 $77.04 Repayment Received
November 2009 $79.35 $79.35 Repayment Received
December 2009 $81.72 $81.72 Repayment Received
January 2010 $84.17 Available Jan 1  
February 2010 $86.71 Available Feb 1  
March 2010 $89.31 Available Mar 1  
April 2010 $91.98 Available Apr 1  
May 2010 $94.74 Available May 1  
June 2010 $97.64 Available Jun 1