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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:

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $14,289,125
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD