Ekhsan Musayev


Status: Paying Back

$1,200.00   Loan Amount
47% repaid

About the Entrepreneur

Name: Ekhsan Musayev
Location: Sabirabad, Azerbaijan
Activity: Cattle

About the Loan

Loan Amount: $1,200.00
Loan Use: purchase two calves
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 18, 2009
Date Disbursed: Feb 25, 2009
Date Funded:Jan 18, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8040 AZN = 1 USD



Ekhsan Musayev is 31 years of age and lives with his wife and two sons. He is a livestock breeder who has calves that he cares for and grazes every morning. He has been doing this for the past ten years and considers it very profitable. He takes his livestock to the pastures every morning for nourishment. After caring for them for several months, he then takes them to be sold. This phase is complicated due to transportation issues. Because he does not own his own vehicle, he must adjust to the schedules and prices that are offered to him.



Ekhsan’s two children are his reason for continuing his efforts as a livestock breeder and farmer. Today, he wishes to invest in expanding his herd of cattle, so as to be more profitable in the markets. As this is the only financial source in his family, Ekhsan counts on your help!


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Journal entries for Ekhsan Musayev


Loan has been disbursed
 
Entrepreneur: Ekhsan Musayev
Location: Sabirabad, Azerbaijan

Thank you for your loan. It has been disbursed to Ekhsan Musayev 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
Comment on this entry

Kiva Help Repayment Schedule for Ekhsan Musayev

  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