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Safadur
Safadur is 45, married, and father of three daughters, ages 23, 21, and 19. His two eldest daughters are married; his third daughter is betrothed and will get married soon. He was a songster at the wedding parties. But, after the death of his last, fourth daughter, he stopped this activity.

Today, Safadur operates a grocery store where sells consumer goods. This store is the main income to support his family. Additionally, to earn extra money, he is engaged in the sheep-breeding business.

Safadur is a hard-bitten man and always tries to do his work himself. He wants to develop the sheep-breeding business. With the loan he has applied for, he plans to buy 35 head of lambs, to fatten them, and re-sell them at the bazaar located in the district where he lives.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $14,289,125
    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 Safadur to buy 35 head of lambs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Feb 26, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014