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Azizbika
Azizbika, 57 years old, is married and raising five children. For the past 31 years, she has been raising animals and selling milk products to supplement her family's income. Thanks to her hard work, Azizbika now has 3 milk cows with calves. She plans to increase the number of animals with the goal of further developing her business. Azizbika has applied to VF Azercredit and Partners for a loan of 1,600 AZN to buy construction materials for building a house for her son.

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
  • 47
    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 $2,050 helped Azizbika to buy construction materials for building a house for her son.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Sep 24, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014