Qurban Abbasov


Status: Paying Back

$1,225.00   Loan Amount
34% repaid

About the Entrepreneur

Name: Qurban Abbasov
Location: Imishli, Azerbaijan
Activity: Food Market

About the Loan

Loan Amount: $1,225.00
Loan Use: purchase more food goods
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 22, 2009
Date Disbursed: Apr 27, 2009
Date Funded:Mar 22, 2009

About the Country

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



Qurban Abbasov is a 60-year-old, married father of seven children. He has sold confectioneries in his grocery store for the last two years. He provides for his family with the revenue generated by his store. Qurban requests a loan of $1225 with a 15 month term to increase his stock of food goods. He is ready to work even harder and make sacrifices to achieve his goals of becoming a successful entrepreneur and supporting his children so they get a good education. Aqroinvest Credit Union believes his perseverance and clear vision will ensure the success of his small business.

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Top Lending Teams for this entrepreneur


Taiwan Gives
Local Area
217 Members

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2 Members

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324 Members

Kiva Christians
Friends
3100 Members

Supporters of Azerbaijan
Common Interest
26 Members

Journal entries for Qurban Abbasov


Loan has been disbursed
 
Entrepreneur: Qurban Abbasov
Location: Imishli, Azerbaijan

Thank you for your loan. It has been disbursed to Qurban Abbasov 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 Imishli, Azerbaijan
Apr 27, 2009
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Kiva Help Repayment Schedule for Qurban Abbasov

  Expected Repayments Actual Repayments Comments
July 2009 $65.86 $65.86 Repayment Received
August 2009 $67.84 $67.84 Repayment Received
September 2009 $69.87 $69.87 Repayment Received
October 2009 $71.96 $71.96 Repayment Received
November 2009 $74.12 $74.12 Repayment Received
December 2009 $76.34 $76.34 Repayment Received
January 2010 $78.64 Available Jan 1  
February 2010 $81.00 Available Feb 1  
March 2010 $83.43 Available Mar 1  
April 2010 $85.93 Available Apr 1  
May 2010 $88.50 Available May 1  
June 2010 $91.16 Available Jun 1  
July 2010 $93.90 Available Jul 1  
August 2010 $96.72 Available Aug 1  
September 2010 $99.73 Available Sep 1