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Asif is 50 years old. He is a hard-working, married man with two children.

He has operated his clothing sales' business for more than 22 years. Specifically, he sells sports' and men's clothing. He acquires his products in the old trading center located in the rural area where he lives, and then he re-sells the products to customers.

He is asking for a loan in the amount of 2,300 AZN to buy a variety of additional and new clothes, including winter sportswear. This would be his second loan from VF Azercredit, and he is grateful for the financial support that helps him achieve his goals.

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
A loan of $2,950 helped Asif to purchase a variety of additional and new clothes (e.g., winter sportswear) to re-sell to his customers.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 3, 2012
Oct 25, 2012
Currency Exchange Loss:
Nov 24, 2012