Farakhim Mammadov
Status: Paying Back
| $1,200.00 | Loan Amount |
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44% repaid
About the Entrepreneur
| Name: | Farakhim Mammadov |
|---|---|
| Location: | Imishli, Azerbaijan |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $1,200.00 |
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| Loan Use: | Purchase confections to resell such as candies, chocolate, cookies and other items |
| Repayment Term: | 16 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Feb 20, 2009 |
| Date Disbursed: | Mar 26, 2009 |
| Date Funded: | Feb 20, 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: | 1319 |
| Total Loans: | $1,636,900 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Azerbaijan |
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| Avg Annual Income: | $6,171.00 |
| Currency: | Azerbaijan New Manats (AZN) |
| Exchange Rate: | 0.8063 AZN = 1 USD |
Farakhim Mammadov is a 38-year-old trader who sells confections such as candies, chocolate, cookies and other items. He is married and has one adorable daughter who is the meaning of his life.
Farakhim opened his store in 1999, when he could not find any job in his village and his family stayed without any means of subsistence. Farakhim would like to expand his business and purchase more confections for his store, to increase his income and improve life conditions for his family. For this purpose he applied for a loan of $1200 with 15 months for a term. Your generosity will be very helpful.
Farakhim opened his store in 1999, when he could not find any job in his village and his family stayed without any means of subsistence. Farakhim would like to expand his business and purchase more confections for his store, to increase his income and improve life conditions for his family. For this purpose he applied for a loan of $1200 with 15 months for a term. Your generosity will be very helpful.
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Journal entries for Farakhim Mammadov
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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 Farakhim Mammadov
Repayment Schedule for Farakhim Mammadov
| Expected Repayments | Actual Repayments | Comments | |||
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| 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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