Mehrali Hasanov


Status: Paying Back

$1,200.00   Loan Amount
54% repaid

About the Entrepreneur

Name: Mehrali Hasanov
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 18, 2008

About the Country

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



Mehrali Hasanov, a 45-year-old farmer who breeds calves in southern Azerbaijan, is married and has four children, three sons and one daughter. While very proud to be the father of a big family, he laments the fact that his family is very poor, calf-breeding being their only source of income.



To expand the business and earn greater profit, Mehrali needs additional funds and so is requesting a loan of $1200 to purchase four calves. Let’s do our best to help this father of four!


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Journal entries for Mehrali Hasanov


Loan has been disbursed
 
Entrepreneur: Mehrali Hasanov
Location: Saatli, Azerbaijan

Thank you for your loan. It has been disbursed to Mehrali Hasanov 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 Mehrali Hasanov

  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