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Sayyad is a exemplary husband, father of three children and most important in business, hardworking and a good farmer. He has been working with fattening livestock for around 18 years.He has several livestock at his home; he sells yearling sheep and wool to the neighbors and also at the market.

Sayyad wants to obtain a loan of 600 AZN for home repair. After the repair, from the income of business he plans to buy home furniture gradually. For his business in future, he plans to increase the number of animals and purchase pasture for them.

After having repaid his previous loan, he decided to take another one. He has collaborated with our organization for a period of two years and hopes for further collaboration and support.

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 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
  • 11
    View loans »
    Azerbaijan Loans Fundraising
  • $13,933,925
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD