Mokhtabar Abdullayev


Status: Paying Back

$1,200.00   Loan Amount
47% repaid

About the Entrepreneur

Name: Mokhtabar Abdullayev
Location: Sabirabad, Azerbaijan
Activity: Cattle

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase two baby calves and fodder
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 17, 2009
Date Disbursed: Feb 25, 2009
Date Funded:Jan 17, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8037 AZN = 1 USD



Mokhtabar Abdullayev lives in Sabirabad, Azerbaijan. He is 47 years old, married, and has five children. Mokhtabar is the sole provider for his family and earns his living by raising and selling livestock. He purchases young calves from local villagers, raises them for 5-7 months, and then sells the adult cows and bulls to local butchers. Mokhtabar is thinking about expanding his business, because his current earnings are not enough to provide for his family. He wants to purchase more calves and fodder. He is requesting a loan of US $1,200 for the term of 15 months. Mokhtabar appreciates your helping him so that he can move forth successfully and accomplish all his goals.

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Journal entries for Mokhtabar Abdullayev


Loan has been disbursed
 
Entrepreneur: Mokhtabar Abdullayev
Location: Sabirabad, Azerbaijan

Thank you for your loan. It has been disbursed to Mokhtabar Abdullayev 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 Sabirabad, Azerbaijan
Feb 25, 2009
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Kiva Help Repayment Schedule for Mokhtabar Abdullayev

  Expected Repayments Actual Repayments Comments
May 2009 $64.52 $64.52 Repayment Received
June 2009 $66.45 $66.45 Repayment Received
July 2009 $68.45 $68.45 Repayment Received
August 2009 $70.50 $70.50 Repayment Received
September 2009 $72.62 $72.62 Repayment Received
October 2009 $74.80 $74.80 Repayment Received
November 2009 $77.05 $77.05 Repayment Received
December 2009 $79.35 $79.35 Repayment Received
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