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Tural
Tural is 24 years old and a single man. For the past four years, he has been working as a car mechanic. Despite his age, he is successful on his job. He has opened his own workshop and has people doing other different jobs at his workshop. He is quite enough known at the district he lives, with the number of his clients increasing each month. In this way, he gradually built up a customer base.

Tural would like to expand and do quality work in his shop. He is requesting a loan to purchase spare parts for cars. This will allow him to serve even more customers and increase his income. He wishes to get married and have children. These are the reasons why he’s in a real need to amplify his income in order to be able to make the needed savings for his wedding and his future life plans.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Tural to buy spare parts for cars for his repair workshop.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014