Shahin Mammadov

Status: Paid Back

$1,200
Loan Request
Disbursed : Jul 17, 2007
Listed: Jun 29, 2007
Funded: Jul 3, 2007
$1,200
Paid Back
Ended: Feb 15, 2009

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171
Currency:United States Dollars (USD)


About the Loan

Location: Saatli, Azerbaijan   Repayment Term: 20 months
(more info)
Activity: General Store   Repayment Schedule: Monthly
Loan Use: Wheel repair equipment   Currency Exchange Loss: N/A
      Default Protection: Covered
Mammadov Shahin Jahangir oglu is a 24 year old wheel repair shop owner. He is just newly married and has one baby. He has this business for already two years. He has only very simple and old equipment to serve his clients. It is not sufficient based on his clients' demands. Clients would like to be served on time and in a short period of time.
So, due to increased demand for professional services, Shahin decided to purchase some equipment for his business.


He applied to Agroinvest for credit of 1200 USD to invest in wheel repair equipment.


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Journal entries for Shahin Mammadov


Loan has been disbursed
 
Entrepreneur: Shahin Mammadov
Location: Saatli, Azerbaijan

Thank you for your loan. It has been disbursed to Shahin Mammadov by Aqroinvest CU in Azerbaijan. We are excited to watch this business grow. Over the next 18 - 24 months, Aqroinvest CU will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Saatli, Azerbaijan
Jul 17, 2007
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Kiva Help Repayment Schedule for Shahin Mammadov

  Expected Repayments Actual Repayments Comments
October 2007 $66.67 $67.00 Repayment Received
November 2007 $66.67 $67.00 Repayment Received
December 2007 $66.67 $67.00 Repayment Received
January 2008 $66.67 $67.00 Repayment Received
February 2008 $66.67 $67.00 Repayment Received
March 2008 $66.67 $67.00 Repayment Received
April 2008 $66.67 $67.00 Repayment Received
May 2008 $66.67 $67.00 Repayment Received
June 2008 $66.67 $67.00 Repayment Received
July 2008 $66.67 $67.00 Repayment Received
August 2008 $66.67 $67.00 Repayment Received
September 2008 $66.67 $67.00 Repayment Received
October 2008 $66.67 $67.00 Repayment Received
November 2008 $66.67 $67.00 Repayment Received
December 2008 $66.67 $67.00 Repayment Received
January 2009 $66.67 $61.72 Repayment Received
February 2009 $66.67 $66.67 Repayment Received
March 2009 $66.61 $66.61 Repayment Received