Natig, age 43, owns and operates a small car repair business. He is a a hard-working, enthusiastic man who puts all of his hard work into getting ahead in life.
Natig opened his small business on his own initiative and with his spouse's support, repairing cars that are not functional and re-selling them at a profit. His business has been profitable because people in his district generally do not have the money for a new car. Natig believes that his business is going well because of the quality, good prices, and friendly treatment he offers his customers.
Natiq lives with his wife and their two school-aged children.
He has applied for a loan in the amount of 1500 AZN. With this investment, Natig will be able to buy broken-down cars to repair and offer for sale. He is confident that he will increase his sales as well as his income. He is very grateful to Kiva lenders.
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.