Tofiq Mardanov
Status: Paying Back
| $1,975 |
Loan Request
Disbursed
: Aug 25, 2009
Listed: Jul 9, 2009
Funded: Aug 5, 2009
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22% repaid
About the Field Partner
| Aqroinvest Credit Union administers this loan. Learn more | |||||||
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| Field Partner: | Aqroinvest Credit Union | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 33 months | ||||||
| Kiva Entrepreneurs: | 1459 | ||||||
| Total Loans: | $1,909,900 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| 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 |
| Currency: | Azerbaijan New Manats (AZN) |
| Exchange Rate: | 0.8194 AZN = 1 USD |
About the Loan
| Location: | Agsu, Azerbaijan | Repayment Term: | 17 months (more info) |
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| Activity: | Home Products Sales | Repayment Schedule: | Monthly | |
| Loan Use: | purchase more home products | Currency Exchange Loss: | Covered | |
| Default Protection: | Not Covered |
Tofiq Mardanov has always been a hard-working man. He made sure from a young age that his family never went without their daily bread. He is married with four sons. Tofiq has a store where he sells different kinds of goods, such as cosmetics and home products. Thanks to his perseverance and dedication, Tofiq began his enterprise 8 years ago, with a starting capital of 100 USD. His salary as a accountant wasn’t enough to cover basic needs of his family. Since then he has expanded his business and it has become a family affair, with his whole family helping. Tofiq needs to buy more goods to increase the range of his inventory, so he is requesting a loan of 2000 USD. He is ready to work even harder, make sacrifices and push to achieve his goals and become a successful entrepreneur.
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Journal entries for Tofiq Mardanov
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Loan has been disbursed
Location: Agsu, Azerbaijan
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Posted by
from Agsu, Azerbaijan
Aug 25, 2009 |
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Comment on this entry
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Repayment Schedule for Tofiq Mardanov
Repayment Schedule for Tofiq Mardanov
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2009 | $106.19 | $106.19 |  Repayment Received
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| December 2009 | $109.38 | $109.38 | Repayment Received
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| January 2010 | $112.66 | $112.66 | Repayment Received
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| February 2010 | $116.03 | $116.03 | Repayment Received
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| March 2010 | $119.52 | Available Mar 1 | |||
| April 2010 | $123.10 | Available Apr 1 | |||
| May 2010 | $126.80 | Available May 1 | |||
| June 2010 | $130.60 | Available Jun 1 | |||
| July 2010 | $134.52 | Available Jul 1 | |||
| August 2010 | $138.56 | Available Aug 1 | |||
| September 2010 | $142.71 | Available Sep 1 | |||
| October 2010 | $146.99 | Available Oct 1 | |||
| November 2010 | $151.40 | Available Nov 1 | |||
| December 2010 | $155.94 | Available Dec 1 | |||
| January 2011 | $160.60 | Available Jan 1 | |||
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