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Nazim
Nazim is a kind and hardworking person. He is married and has two children, ages 25 and 30. For 20 years, Nazim has worked with his wife and son. They are selling meat, wool and cheese from the yard of their house. Nazim has an area where he pastures the animals and a stone barn to keep them, but his financial condition doesn't allow him to buy more sheep to develop his livestock business. That's why he has applied for this loan to purchase several sheep and resell them during the high season after fattening them. He also plans to make a wedding for his son after the improvement of his business.

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

  • $10,800
    Average annual income
  • 27
    View loans »
    Azerbaijan Loans Fundraising
  • $14,289,125
    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 Nazim to purchase several sheep to resell after fattening.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 20, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013