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Natig
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.

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
  • 45
    View loans »
    Azerbaijan Loans Fundraising
  • $13,976,150
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Natig to buy old cars to repair and offer for sale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2013
Listed
Apr 5, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014