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Sahil
Sahil has two businesses to support his family. He owns six cattle and runs a taxi-driving service. He has been doing this for about nine years. The members of his family help with the agriculture business. He sells the milk, cheese, yogurt and butter in his village and at the bazaar. His plans for the future are to help each member of his family start their own business.

Sahil is applying for a loan of 1000 Azerbaijani manats (AZN) to help his son to buy musical instruments, to help his eldest son to build a business, and to keep his own business in progress.

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
  • 48
    View loans »
    Azerbaijan Loans Fundraising
  • $14,162,625
    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 Sahil to support his dairy business and buy musical instruments for his son.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2011
Listed
Jan 11, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013