Jamal Abasov
Status: Paying Back
| $1,200.00 | Loan Amount |
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47% repaid
About the Entrepreneur
| Name: | Jamal Abasov |
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| Location: | Saatli, Azerbaijan |
| Activity: | General Store |
About the Loan
| Loan Amount: | $1,200.00 |
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| Loan Use: | purchase more food inventory and home products |
| Repayment Term: | 17 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 13, 2009 |
| Date Disbursed: | Feb 25, 2009 |
| Date Funded: | Jan 16, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Aqroinvest Credit Union |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 30 months |
| Kiva Entrepreneurs: | 1319 |
| Total Loans: | $1,636,900 |
| 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: | 0.8026 AZN = 1 USD |
Jamal Abasov is a young, energetic man. At the early age of 21, he started his own business in order to support his parents. His business is selling home products in his own store in small village of Saatli city, Azerbaijan. This business allows him not only to support his household but also to continue to get more experienced in this trade. Jamal needs to increase the variety of goods he sells and is asking for a loan of 1200 USD with a term of 12 months. This loan will allow him to expand his business and earn more income. This loan will be an important part in the growth of Jamal’s business.
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Journal entries for Jamal Abasov
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Loan has been disbursed
Location: Saatli, Azerbaijan
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Posted by
from Saatli, Azerbaijan
Feb 25, 2009 |
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Comment on this entry
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Repayment Schedule for Jamal Abasov
Repayment Schedule for Jamal Abasov
| Expected Repayments | Actual Repayments | Comments | |||
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| May 2009 | $64.52 | $64.52 |  Repayment Received
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| June 2009 | $66.45 | $66.45 | Repayment Received
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| July 2009 | $68.45 | $68.45 | Repayment Received
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| August 2009 | $70.50 | $70.50 | Repayment Received
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| September 2009 | $72.62 | $72.62 | Repayment Received
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| October 2009 | $74.80 | $74.80 | Repayment Received
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| November 2009 | $77.05 | $77.05 | Repayment Received
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| December 2009 | $79.35 | $79.35 | Repayment Received
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| January 2010 | $81.73 | Available Jan 1 | |||
| February 2010 | $84.19 | Available Feb 1 | |||
| March 2010 | $86.72 | Available Mar 1 | |||
| April 2010 | $89.32 | Available Apr 1 | |||
| May 2010 | $92.00 | Available May 1 | |||
| June 2010 | $94.75 | Available Jun 1 | |||
| July 2010 | $97.55 | Available Jul 1 | |||
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