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Sarkhan
Sarkhan, age 49, is a farmer. He has been farming vegetables like tomatoes, cucumbers, dates, and pomegranates on his own land for 28 years. He sells the harvested fruits and vegetables at the local bazaar. He and his wife have a 25-year-old son.

Since the business is Sarkhan's primary source of income, he spends almost all of his time trying to develop it. He earns additional money from doing repair work.

The reason he has applied for a loan in the amount of 1,000 AZN is to make essential repairs to his own house. His goal is for his house to have a neat appearance for the wedding of his son.

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
  • 15
    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 $1,275 helped Sarkhan to make essential repairs to his own house in preparation for the wedding of his son.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 27, 2012
Listed
Jan 11, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014