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Kamaladdin
Kamaladdin is a 54-year-old person who is engaged in agriculture. He lives with his wife and four children. He has been in his business for 13 years. When he started to work, he had 10 sheep on his farm. First he applied to VFAC for 1000 Azerbaijani manats (AZN) to buy a cow and, to this day, he has finished and has 10 cows.

Kamaladdin applied for a loan of 1000 AZN to buy 10 more sheep for fattening to sell at the bazaar. Kamaladdin is a hardworking and reliable person. As a result of his hard work, he has expanded his business.

Additional Information

About VisionFund AzerCredit

This loan is administered by VisionFund AzerCredit (VF AzerCredit). VF AzerCredit is part of VisionFund International, which has microfinance banking operations in 40 countries. VF AzerCredit aims to provide sustainable financial services for people in Azerbaijan who are not able to access financing through the conventional banking system.

With branches stretching across Azerbaijan, VF AzerCredit currently serves over 40,000 active clients with a variety of loan products. Of over 20 regions in which VF AzerCredit operates, a strong majority are comparatively underserved rural areas.

For more information on VF AzerCredit, please visit its partner page. If you would like to support other VF AzerCredit clients, please see other loans currently fundraising from this Field Partner.

About Azerbaijan

  • $6,171
    Average annual income
  • 19
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Kamaladdin to buy 10 sheep for fattening to sell at the bazaar.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2011
Listed
Jan 11, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012