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Nargiz
H. Nargiz is from Sumgayit city in the Azerbaijan republic. She is 35 years old. She is single but she lives with her parents. Her parents are elderly. She is the only breadwinner of her family. She began her business with $200 in 1995. She keeps busy with retail trade. She started selling a small variety of baby clothes. With this small business and only $200 in working capital, she could hardly earn enough money to meet her family's food and important consumption needs.

Nargiz needs $500 to expand her business. She wants to increase her assortment of goods and to buy additional sorts of goods. She will repay the loan within 12 months. She hopes eventually to expand her business. She hopes that this will improve the living condition of her family.

About Azerbaijan

  • $6,171
    Average annual income
  • 39
    View loans »
    Azerbaijan Loans Fundraising
  • $14,085,050
    Funds lent in using Kiva
  • 0.9
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Nargiz to increase her assortment of goods and to buy additional sorts of goods.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 10, 2007
Listed
Nov 26, 2007
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2009