Shahmurad Huseynov


Status: Paying Back

$1,200.00   Loan Amount
54% repaid

About the Entrepreneur

Name: Shahmurad Huseynov
Location: Bilasuvar, Azerbaijan
Activity: Cattle

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase three calves and fodder.
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 6, 2008
Date Disbursed: Jan 27, 2009
Date Funded:Dec 26, 2008

About the Country

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



In 1993 Shahmurad Huseynov, a hard-working person who makes an effort to give his two beloved children the best, fled to the Bilasuvar Internally Displaced Settlement during the Azerbaijan-Armenian conflict. The government then granted him land which he subsequently cultivated and developed and upon which he feeds his animals. He also works as a policeman in the local police department, earning about $150 per month, an amount insufficient to cover family needs.



Through his business, he has been able to educate his children up to the secondary school level. He would now like to extend his animal business and so is requesting a loan of $1200. He plans to increase the number of animals he raises. Shahmurad thanks you very much for your kindness to others.


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mark
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Top Lending Teams for this entrepreneur


Belgium
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Journal entries for Shahmurad Huseynov


Loan has been disbursed
 
Entrepreneur: Shahmurad Huseynov
Location: Bilasuvar, Azerbaijan

Thank you for your loan. It has been disbursed to Shahmurad Huseynov 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 Bilasuvar, Azerbaijan
Jan 27, 2009
Comment on this entry

Kiva Help Repayment Schedule for Shahmurad Huseynov

  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