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Sahib
Sahib is 26 years old and a married father of two children, aged two and four. His mother lives with them and the pension that she receives contributes to the joint family budget. Since 2007 he has been working as a taxi driver. He owns the taxi that he drives but it is an old car with many used spare parts. He plans to improve the car and earn more money so that he is ready for his children's education expenses.

Currently Sahib is requesting a loan to be able to buy materials for the repair of the bathroom of his house. In this way he will be able to provide his family with better living conditions.

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

  • $6,171
    Average annual income
  • 31
    View loans »
    Azerbaijan Loans Fundraising
  • $14,140,275
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Sahib to buy materials for the repair of his bathroom.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014