Gullu Mammadova


Status: Paying Back

$1,200.00   Loan Amount
44% repaid

About the Entrepreneur

Name: Gullu Mammadova
Location: Imishli, Azerbaijan
Activity: Retail

About the Loan

Loan Amount: $1,200.00
Loan Use: purchase more bath goods and diversify food items
Repayment Term: 16 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 11, 2009
Date Disbursed: Mar 26, 2009
Date Funded:Feb 15, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8077 AZN = 1 USD



Gullu Mammadova is 56 years old. She is married with four children. She started her own business more than 20 years ago because her husband’s salary was not enough for their family's expenses. Gullu sells washing powder, soap, shampoo and eggs that hew poultry produce. Her family is living with her husband's parents and the generated income allows Gullu to support her large household. Gullu dreams of her children getting a higher education. Today she requests a loan of 1200 USD for the term of 15 months. She is going to use the funds to purchase a wider range of goods. With the income she plans to buy her own store and educate her children. Gullu thanks everyone for their support and promises to repay the loan on time, as she did with her previous loan.

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Top Lending Teams for this entrepreneur


St. Luke's Episcopal Church
Religious Congregations
13 Members

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Local Area
634 Members

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Local Area
61 Members

{ Kiva Fellows & Alumni }
Common Interest
146 Members

Spectator Readers
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72 Members

Journal entries for Gullu Mammadova


Loan has been disbursed
 
Entrepreneur: Gullu Mammadova
Location: Imishli, Azerbaijan

Thank you for your loan. It has been disbursed to Gullu Mammadova by Aqroinvest Credit Union in Azerbaijan. We are excited to watch this business grow. Over the 14 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
Mar 26, 2009
Comment on this entry

Kiva Help Repayment Schedule for Gullu Mammadova

  Expected Repayments Actual Repayments Comments
June 2009 $70.23 $70.23 Repayment Received
July 2009 $72.34 $72.34 Repayment Received
August 2009 $74.51 $74.51 Repayment Received
September 2009 $76.75 $76.75 Repayment Received
October 2009 $79.05 $79.05 Repayment Received
November 2009 $81.43 $81.43 Repayment Received
December 2009 $83.86 $83.86 Repayment Received
January 2010 $86.38 Available Jan 1  
February 2010 $88.97 Available Feb 1  
March 2010 $91.64 Available Mar 1  
April 2010 $94.38 Available Apr 1  
May 2010 $97.22 Available May 1  
June 2010 $100.14 Available Jun 1  
July 2010 $103.10 Available Jul 1