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Limuna
Limuna is 51 years old, a widow, and has four children. Her two sons are home repair workers. They use their salaries to help her with family expenses. Limuna travels to another city once a month for clothing to sell at her rented place at the local bazaar. She has many plans for the future, and she works hard in order to bring them to life.

Limuna has applied for the loan to buy vacant land near to her home on which to build 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
  • 30
    View loans »
    Azerbaijan Loans Fundraising
  • $14,042,275
    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 Limuna to buy vacant land near to her home in which to build a house for her son.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013