Nofel Bayramov


Status: Paying Back

$1,200.00   Loan Amount
54% repaid

About the Entrepreneur

Name: Nofel Bayramov
Location: Imishli, Azerbaijan
Activity: General Store

About the Loan

Loan Amount: $1,200.00
Loan Use: Purchase more inventories to his store
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



Nofel Bayramov is 34 years old. He is married with three adorable daughters. He rents a store where he sells different kinds of foodstuff and detergents. His store is very famous in his community, thus allowing him to have a good clientele. Today Nofel is requesting a loan of 1200 USD for the term of 15 months to increase his stock. He is ready to work even harder, make sacrifices and push every once in a while to achieve his goal and become a successful entrepreneur. Nofel’s main goal is to educate his beloved girls so that someday they’ll become successful entrepreneurs. We believe his perseverance and clear vision will become key success factors in his small business.



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Journal entries for Nofel Bayramov


Loan has been disbursed
 
Entrepreneur: Nofel Bayramov
Location: Imishli, Azerbaijan

Thank you for your loan. It has been disbursed to Nofel Bayramov 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
Comment on this entry

Kiva Help Repayment Schedule for Nofel Bayramov

  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