Haydar Mahmudov

Status: Paid Back

$500
Loan Request
Disbursed : Oct 17, 2007
Listed: Oct 2, 2007
Funded: Oct 3, 2007
$500
Paid Back
Ended: Mar 16, 2009

About the Country

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


About the Loan

Location: Khachmaz, Azerbaijan   Repayment Term: 18 months
(more info)
Activity: Metal Shop   Repayment Schedule: Monthly
Loan Use: To increase the number and variety of goods for sale   Currency Exchange Loss: N/A
      Default Protection: Covered
Haydar Mahmudov is 40 years old and lives in the town of Khachmaz in northeastern Azerbaijan with his wife and two children. For the last 14 years he has sold hardware in a booth he rents in a local market. In the past, Haydar successfully expanded his business with a loan of $350 from Normicro Khachmaz. Now he would like to expand his business -- and his income -- again, with a loan of $500 which he will use to increase the stock of goods he can sell to his customers.

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Journal entries for Haydar Mahmudov


Loan has been disbursed
 
Entrepreneur: Haydar Mahmudov
Location: Khachmaz, Azerbaijan

Thank you for your loan. It has been disbursed to Haydar Mahmudov by Norwegian Microcredit LLC (Normicro) in Azerbaijan. We are excited to watch this business grow. Over the next 16 - 22 months, Norwegian Microcredit LLC (Normicro) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Khachmaz, Azerbaijan
Oct 17, 2007
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Kiva Help Repayment Schedule for Haydar Mahmudov

  Expected Repayments Actual Repayments Comments
January 2008 $31.25 $32.00 Repayment Received
February 2008 $31.25 $32.00 Repayment Received
March 2008 $31.25 $32.00 Repayment Received
April 2008 $31.25 $32.00 Repayment Received
May 2008 $31.25 $32.00 Repayment Received
June 2008 $31.25 $32.00 Repayment Received
July 2008 $31.25 $32.00 Repayment Received
August 2008 $31.25 $32.00 Repayment Received
September 2008 $31.25 $32.00 Repayment Received
October 2008 $31.25 $32.00 Repayment Received
November 2008 $31.25 $32.00 Repayment Received
December 2008 $31.25 $32.00 Repayment Received
January 2009 $31.25 $22.25 Repayment Received
February 2009 $31.25 $31.25 Repayment Received
March 2009 $31.25 $31.25 Repayment Received
April 2009 $31.25 $31.25 Repayment Received