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Ellchin
Ellchin is 28 years old and is an orphan who lives with his brother and sister. Their parents died during the Karabakh war. Ellchin is a young businessman and the main breadwinner for his family. His sector of business is agriculture, and he sells cheese, milk, and butter at the bazaar and at home. He has been in business for 13 years and conducts his business with self-confidence, which is a good characteristic in a young man. Ellchin's brother is getting married and needs money. He is requesting a 1,000 AZN loan for wedding expenses.
View original language description ↓
Elchinu 28 let. On sirota, jivet s bratom I sestroy. Ix roditeli pogibli vo vrema Karabaxskoy voyni. Elchin molodoy biznesmen I glavniy kormilec v semye. Sfera ego biznesa eto selskoe xozaystvo. On prodayet sir, moloko, maslo I masyo na bazare I doma. U nego staj v biznese 13 let, on vedet svoe delo s uverennostyu I eto xoroshiy pokazatel dla molodogo cheloveka. Elchin jenit svoe brata I emu nujni dengi. On obratilsa za 1000 AZN kreditom dla svadebnix trat.

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
  • 21
    View loans »
    Azerbaijan Loans Fundraising
  • $14,050,875
    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 Ellchin to support his brother's wedding expenses.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2012
Listed
Aug 24, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014