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Rasul is married, 45 years old, and father of two children, ages 18 and 16. Rasul started his business 21 years ago, when he was young and had to work with professionalism to provide necessary support for his future. Today he works hard to make his family's living conditions better, and to be able to give his children education on the modern level.

He owns a car mechanic shop where, with the two workers he employs, he repairs wheels and other car parts. During the 21-year period since he started his employment, Rasul has gained a fair number of customers asking for his services. He plans to expand his business and increase this number further.

Today, he’s asking for a loan from Kiva's partner, VFAC, to start repair work and improve the housing conditions where he and his family live.

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

  • $10,800
    Average annual income
  • 30
    View loans »
    Azerbaijan Loans Fundraising
  • $14,344,150
    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 Rasul to start repair work at the house.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 30, 2012
Nov 15, 2012
Currency Exchange Loss:
Feb 15, 2013