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Nayila
Nayila is a married woman with three children between the ages of 21 and 24. She has been engaged in agriculture for the past 28 years. She sells cheese, milk, butter, and other dairy products. Her husband is a pensioner and also helps to support their family. Nayila has applied for a loan of 700 AZN to make repairs at their house. Her husband will buy the construction materials.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Azerbaijan

  • $6,171
    Average annual income
  • 43
    View loans »
    Azerbaijan Loans Fundraising
  • $14,085,050
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Nayila to buy construction materials to make house repairs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2012
Listed
May 22, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013