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Ali G. is 32 years old, is married and has two children. He lives in Beylagan, a small city in Azerbaijan. Ali has his own sweet shop and bakery. He started his business two years ago. He has two employees. He decided to apply for a KIVA loan in amount of $725 from the Normicro Beylagan Branch. He plans to purchase new equipment for cooking sweets.

About Azerbaijan

  • $10,800
    Average annual income
  • 30
    View loans »
    Azerbaijan Loans Fundraising
  • $14,344,150
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Ali to purchase new equipment for his bakery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 27, 2008
May 8, 2008
Currency Exchange Loss:
Jun 18, 2009