Vagif Abbasov

Status: Paying Back

$2,500
Loan Request
Pre-Disbursed : Mar 6, 2009
Listed: Mar 11, 2009
Funded: Mar 18, 2009
50% repaid

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171
Currency:Azerbaijan New Manats (AZN)
Exchange Rate:0.8050 AZN = 1 USD


About the Loan

Location: Khirdalan Settlement, Azerbaijan   Repayment Term: 17 months
(more info)
Activity: Office Supplies   Repayment Schedule: Irregularly
Loan Use: To buy office supplies, books and discs   Currency Exchange Loss: Covered
      Default Protection: Covered
“I am very thankful to Kiva and Kiva lenders. With the help of Kiva lenders I improved my business. Thank you very much that you increase the loan size to $3000."

Vagif is applying to Kiva for a second loan. For the first loan amount, $1000, he applied to Kiva in January 2007. He repaid the loan successfully.

This man is an Internally Displaced Person (IDP) from the Armenian-occupied territory of Azerbaijan Agdam region. He settled in the Khirdalan settlement. He is married and has two children.

Now he needs a loan of 2000 AZN to buy office supplies, books and discs.

“I plan to do changing in my business. I don’t mean that I will change my business. No. I know that the people need the office supplies and the books, discs for education and that is why I want to buy discs with the programs and books for self-education for people.”

Vagif is sure that this way he can help people and attract more clients and get more income.



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Journal entries for Vagif Abbasov


Loan has been disbursed
 
Entrepreneur: Vagif Abbasov
Location: Khirdalan Settlement, Azerbaijan

Thank you for your loan. It has been disbursed to Vagif Abbasov by Komak Credit Union in Azerbaijan. We are excited to watch this business grow. Over the 15 months of this loan, Komak Credit Union will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Khirdalan Settlement, Azerbaijan
Mar 19, 2009
Comments (1)

Kiva Help Repayment Schedule for Vagif Abbasov

  Expected Repayments Actual Repayments Comments
September 2009 $208.34 $208.34 Repayment Received
October 2009 $208.34 $208.34 Repayment Received
November 2009 $208.34 $208.34 Repayment Received
December 2009 $208.34 $208.34 Repayment Received
January 2010 $208.34 $208.34 Repayment Received
February 2010 $208.34 $208.34 Repayment Received
March 2010 $208.34 Available Mar 1  
April 2010 $208.34 Available Apr 1  
May 2010 $208.34 Available May 1  
June 2010 $208.34 Available Jun 1  
July 2010 $208.34 Available Jul 1  
August 2010 $208.26 Available Aug 1