Vasif Fatullayev


Status: Paying Back

$1,200.00   Loan Amount
44% repaid

About the Entrepreneur

Name: Vasif Fatullayev
Location: Imishli, Azerbaijan
Activity: Spare Parts

About the Loan

Loan Amount: $1,200.00
Loan Use: To buy more spare parts
Repayment Term: 16 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 17, 2009
Date Disbursed: Mar 26, 2009
Date Funded:Feb 17, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8065 AZN = 1 USD



Vasif Fatullayev is a young, energetic guy who wants to improve his family's living conditions. He is 22 years old and lives in Imishli, Azerbaijan. He has a shop where he sells spare parts for foreign and Russian cars. He has been involved in this business for more than three years; he helped out his father before he opened his own shop. He provides spare parts for cars and provides his family with food and other necessities.


There is a great demand for Vasif's spare parts, so he wants to buy more supplies to meet his clients' demands. He is seeking an individual loan to expand his shop's inventory. He has pledged to repay this loan within 15 months. Vasif is excited about this loan and would like to thank everyone for their trust and support.


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Journal entries for Vasif Fatullayev


Loan has been disbursed
 
Entrepreneur: Vasif Fatullayev
Location: Imishli, Azerbaijan

Thank you for your loan. It has been disbursed to Vasif Fatullayev 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 Vasif Fatullayev

  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