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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:

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
  • 72
    View loans »
    Azerbaijan Loans Fundraising
  • $14,526,825
    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
Dec 26, 2012
Feb 1, 2013
Currency Exchange Loss:
Feb 17, 2014