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Rustam
Rustam is married and has two children aged two and six. He is 30 years old and has been engaged in raising animals and selling them at a bazaar for 15 years. Rustam wants to obtain a loan of 1,500 AZN to buy a car to use as a taxi. Using the income from the taxi service, he will support his family and provide for their needs. Rustam's plans for the future are to purchase two head of cattle and 70 sheep to sell meat and milk.

Additional Information

About VisionFund AzerCredit:

Vision Fund AzerCredit was established in 1996 to provide credit to ensure people can take control over their own lives and livelihoods.

While VF AzerCredit works both in the urban and rural areas of Azerbaijan, the emphasis is placed on providing loans to micro and small rural entrepreneurs and self-employed poor, covering remote areas, which are not bankable.

AzerCredit provides group loans, agriculture loans and household and family loans for small and micro entrepreneurs.

About Azerbaijan

  • $6,171
    Average annual income
  • 24
    View loans »
    Azerbaijan Loans Fundraising
  • $14,215,400
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Rustam to buy a car to use for a taxi service.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2011
Listed
Nov 28, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012