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Zamig is 32 years old. He is married and the father of two little children. They all live together with his parents and brother. His parents are pensioners.

The source of income for the family is from a grocery store and agricultural activities. Zamig’s wife and parents are engaged in agriculture. They have milk cows whose milk is used in cheese production. They sell cheese locally in an open market. Zamig and his brother work at a grocery store they have rented.

Zamig requested a loan from VFAC to purchase basic groceries. This will keep the store developed and increase the income of the family.

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
  • 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 $2,050 helped Zamig to purchase groceries for the store.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Jan 29, 2013
Feb 16, 2013
Currency Exchange Loss:
Sep 17, 2014