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Jalil
Jalil, 43, is a farmer. He lives with his wife and three children who are studying at school. For more than 22 years, he has been doing mixed farming, producing vegetables and milk, which he sells at the local market. In the future, he wants to increase the number of animals, to start raising small livestock, simultaneously with cattle.

Jalil is requesting a AZN 1,000 loan from VisionFund AzerCredit LLC (VFAC) to purchase seeds and fertilizer. This will help him get more produce and generate extra income that will, in turn, help improve his family's living standards and support the education expenses of his children.

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
  • 11
    View loans »
    Azerbaijan Loans Fundraising
  • $14,235,200
    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 Jalil to purchase seeds and fertilizer for his farm.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014