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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:

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 Azerbaijan

  • $10,800
    Average annual income
  • 25
    View loans »
    Azerbaijan Loans Fundraising
  • $14,260,675
    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