Vugar Amrakhov
Status: Paying Back
| $1,200.00 | Loan Amount |
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44% repaid
About the Entrepreneur
| Name: | Vugar Amrakhov |
|---|---|
| Location: | Imishli, Azerbaijan |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $1,200.00 |
|---|---|
| Loan Use: | to purchase more food items to sell at his store |
| Repayment Term: | 16 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Feb 13, 2009 |
| Date Disbursed: | Mar 26, 2009 |
| Date Funded: | Feb 16, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Aqroinvest Credit Union |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 30 months |
| Kiva Entrepreneurs: | 1316 |
| Total Loans: | $1,630,850 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Azerbaijan |
|---|---|
| Avg Annual Income: | $6,171.00 |
| Currency: | Azerbaijan New Manats (AZN) |
| Exchange Rate: | 0.8077 AZN = 1 USD |
Vugar Amrakhov rents a little store where he sells foodstuffs. He buys his goods in another city. He goes for goods every week. His family consists of a wife and two children who help him at the store. His products are popular in his town for being cheap and fresh. That’s why he has many regular clients. This store is the main financial source in his family, and additional income comes from Vugar`s car, which he uses as a taxi to take local people to other villages.
He wants to take a loan of $1200 for purchasing more goods and to have more profits. And with bigger profits he plans to pay for his children's education.
He wants to take a loan of $1200 for purchasing more goods and to have more profits. And with bigger profits he plans to pay for his children's education.
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Journal entries for Vugar Amrakhov
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Loan has been disbursed
Location: Imishli, Azerbaijan
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Posted by
from Imishli, Azerbaijan
Mar 26, 2009 |
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Comment on this entry
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Repayment Schedule for Vugar Amrakhov
Repayment Schedule for Vugar Amrakhov
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| June 2009 | $70.23 | $70.23 |  Repayment Received
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| July 2009 | $72.34 | $72.34 | Repayment Received
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| August 2009 | $74.51 | $74.51 | Repayment Received
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| September 2009 | $76.75 | $76.75 | Repayment Received
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| October 2009 | $79.05 | $79.05 | Repayment Received
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| November 2009 | $81.43 | $81.43 | Repayment Received
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| December 2009 | $83.86 | $83.86 | Repayment Received
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| 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 | |||
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