Elshad Huseynov


Status: Paying Back

$1,225.00   Loan Amount
34% repaid

About the Entrepreneur

Name: Elshad Huseynov
Location: Sabirabad, Azerbaijan
Activity: Shoe Sales

About the Loan

Loan Amount: $1,225.00
Loan Use: Purchase more shoes.
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 24, 2009
Date Disbursed: Apr 27, 2009
Date Funded:Mar 24, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8026 AZN = 1 USD



Elshad Huseynov is 33 years old. He is married with three children. Elshad has been selling men’s shoes for eight years. He began selling to acquaintances and friends, and after a while realized that he had a lot of clients. So, he decided to rent a shop and establish himself in the central market of Sabirabad.


He is a very enterprising man with a great desire to get ahead. Elshad's business has profited from his labor and he hopes to grow as a businessman. Elshad needs a loan of $1,200 USD, which he plans to invest in inventory in order to offer better service and variety to his clients.


You can be an important part of the growth of this business. Elshad thanks everyone for help and support!


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Journal entries for Elshad Huseynov


Loan has been disbursed
 
Entrepreneur: Elshad Huseynov
Location: Sabirabad, Azerbaijan

Thank you for your loan. It has been disbursed to Elshad Huseynov 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 Sabirabad, Azerbaijan
Apr 27, 2009
Comment on this entry

Kiva Help Repayment Schedule for Elshad Huseynov

  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