Marifet Mammadov
Status: Paying Back
| $1,200.00 | Loan Amount |
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54% repaid
About the Entrepreneur
| Name: | Marifet Mammadov |
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| Location: | Imishli, Azerbaijan |
| Activity: | Cattle |
About the Loan
| Loan Amount: | $1,200.00 |
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| Loan Use: | purchase four calves |
| Repayment Term: | 17 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Dec 14, 2008 |
| Date Disbursed: | Jan 27, 2009 |
| Date Funded: | Dec 15, 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 |
Marifet Mammadov is 25-year-old single man who lives with his parents and takes care of them. Marifet is a hard-working man who was taught farming by his father.
He knew many people who purchased cattle, and this motivated him to start his own business about three years ago. Over time, he has increased his cattle sales and is proud to say that the business has been running well. However, he now needs additional capital to expand his business. Therefore, Marifet is requesting a loan in the amount of 1200 USD to purchase four cows for an estimated cost 300 USD each.
He thanks you very much for the support that you offer him in helping to expand his business and helping him to give his parents a better quality of life.
He knew many people who purchased cattle, and this motivated him to start his own business about three years ago. Over time, he has increased his cattle sales and is proud to say that the business has been running well. However, he now needs additional capital to expand his business. Therefore, Marifet is requesting a loan in the amount of 1200 USD to purchase four cows for an estimated cost 300 USD each.
He thanks you very much for the support that you offer him in helping to expand his business and helping him to give his parents a better quality of life.
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Journal entries for Marifet Mammadov
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Loan has been disbursed
Location: Imishli, Azerbaijan
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Posted by
from Imishli, Azerbaijan
Jan 27, 2009 |
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Comment on this entry
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Repayment Schedule for Marifet Mammadov
Repayment Schedule for Marifet Mammadov
| 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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