Eldaniz Amirov


Status: Paying Back

$1,200.00   Loan Amount
54% repaid

About the Entrepreneur

Name: Eldaniz Amirov
Location: Imishli, Azerbaijan
Activity: Cattle

About the Loan

Loan Amount: $1,200.00
Loan Use: Purchase four calves
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 15, 2008
Date Disbursed: Jan 27, 2009
Date Funded:Dec 27, 2008

About the Country

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



Eldaniz Amirov is 43 years old and has run his cattle breeding business in the southern part of Azerbaijan, called Imishli, since 1995. Eldaniz takes care of his parents who are on a pension now and need special care and medicine.



His principal work is the buying and selling of cattle. This business requires lots of travel because he needs to go to remote areas where these animals cost less. This necessitates considerable financial means. The business is very profitable, but his lack of capital makes his income insignificant, and living conditions remain difficult in his household.


Also Eldaniz has a car which he uses sometimes to take local people from one village to another. But his business is not permanent and does not bring enough funds to cover basic family needs.



To strengthen his business, he is asking for a loan of 1200 USD, which will serve to buy more cattle. This will allow him to effectively meet the needs of his household.



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Journal entries for Eldaniz Amirov


Loan has been disbursed
 
Entrepreneur: Eldaniz Amirov
Location: Imishli, Azerbaijan

Thank you for your loan. It has been disbursed to Eldaniz Amirov 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 Imishli, Azerbaijan
Jan 27, 2009
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Kiva Help Repayment Schedule for Eldaniz Amirov

  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