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Ali is a 34-year-old man, who is engaged in animal husbandry and agriculture. This is the work of his wife and himself. They sell cattle, dairy products and meat. Ali and his wife also work as teachers, at the school located in the district where they live. They are the parents of three children, 3, 6, and 8 years of age.

Ali has a desire to create a sheep-breeding business and to increase the number of his dairy cows. He likes to plan his job, and also he is a well-educated person. He believes that, as a result of efforts, he will achieve all he desires.

Ali has applied for the family loan. He wants to buy furniture for his house, and the amount he requires is 1,000 AZN.

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 $1,275 helped Ali to buy furniture for his young family's home.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 29, 2013
Feb 5, 2013
Currency Exchange Loss:
Mar 17, 2014