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Gurban
Gurban is a 37-year-old married man with two children ages 10 and 16. He lives with his parents, and they are pensioners. He is trying his best to earn extra income for the family and enhance their way of living. Gurban started working as a vehicle repairer eight years ago. He learned this profession through many years of experience, and he is always improving his craft. His eldest son helps him with his work. The reason he requested the loan is to develop his business. He decided to buy a very old car, reassemble it, and resell it for a good price. The profit will be used to purchase the needed metal supplies to carry on his work in a proper way, to stand firm in the world of business, and to be a good example for his sons.

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
  • 24
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 Gurban to buy an old car, reassemble it, and resell it.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014