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Ilham is 30 years old and lives in Azerbaijan. He is married with two children, and his eldest child is going to school. For the past 3 years, Ilham has been working hard to manage a boutique which sells shoes. As a result, he has managed to grow the business and he has opened another clothes boutique.

The loan will be used to buy more shoes and clothes for resale. Ilham plans to further develop his business, as he wants to support his children's education to give them a modern education at an advanced level. He works hard to realize his goals by adding goods that will attract more customers, and produce greater profits.

Additional Information

About VisionFund AzerCredit

This loan is administered by VisionFund AzerCredit (VF AzerCredit). VF AzerCredit is part of VisionFund International, which has microfinance banking operations in 40 countries. VF AzerCredit aims to provide sustainable financial services for people in Azerbaijan who are not able to access financing through the conventional banking system.

With branches stretching across Azerbaijan, VF AzerCredit currently serves over 40,000 active clients with a variety of loan products. Of over 20 regions in which VF AzerCredit operates, a strong majority are comparatively underserved rural areas.

For more information on VF AzerCredit, please visit its partner page. If you would like to support other VF AzerCredit clients, please see other loans currently fundraising from this Field Partner.

About Azerbaijan

  • $6,171
    Average annual income
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    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 Ilham to purchase shoes and clothes for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 25, 2012
Oct 20, 2012
Currency Exchange Loss:
Oct 17, 2013