Elsavar Ibadov
Status: Paying Back
| $1,200.00 | Loan Amount |
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54% repaid
About the Entrepreneur
| Name: | Elsavar Ibadov |
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| Location: | Bilasuvar, Azerbaijan |
| Activity: | General Store |
About the Loan
| Loan Amount: | $1,200.00 |
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| Loan Use: | To purchase more inventory. |
| 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 27, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | Aqroinvest Credit Union |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 30 months |
| Kiva Entrepreneurs: | 1320 |
| Total Loans: | $1,638,925 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Azerbaijan |
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| Avg Annual Income: | $6,171.00 |
| Currency: | Azerbaijan New Manats (AZN) |
| Exchange Rate: | 0.8086 AZN = 1 USD |
Elsavar Ibadov, a 30-year-old trader who is married and has two sons, started his business in 2006 and has already become a successful entrepreneur. Operating his store in an Internally Displaced People Settlement, he has gained much respect from the many people he respectfully serves every day. Elsavar sells a variety of goods including diapers, tooth paste, napkins, light bulbs, and macaroni. As well, he works at night as a security guard at the local factory, earning about $90 per month, an amount insufficient to meet basic family expenses.
Because the goods he sells are in high demand, he is requesting a loan of $1200 to purchase additional inventory. Elsavar and his family thank everyone for their help.
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Journal entries for Elsavar Ibadov
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Loan has been disbursed
Location: Bilasuvar, Azerbaijan
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Posted by
from Bilasuvar, Azerbaijan
Jan 27, 2009 |
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Comment on this entry
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Repayment Schedule for Elsavar Ibadov
Repayment Schedule for Elsavar Ibadov
| Expected Repayments | Actual Repayments | Comments | |||
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| April 2009 | $64.52 | $64.52 |  Repayment Received
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| May 2009 | $66.45 | $66.45 | Repayment Received
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| June 2009 | $68.45 | $68.44 | Repayment Received
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| July 2009 | $70.50 | $70.50 | Repayment Received
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| August 2009 | $72.62 | $72.62 | Repayment Received
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| September 2009 | $74.80 | $74.81 | Repayment Received
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| October 2009 | $77.04 | $77.04 | Repayment Received
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| November 2009 | $79.35 | $79.35 | Repayment Received
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| December 2009 | $81.72 | $81.72 | Repayment Received
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| 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 | |||
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