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Alihuseyn is a 46-year-old man. He is married and has three children, age 19, 18 and 17 years, and all are school graduates.

Alihuseyn established his clothing business more than 16 years ago when his parents gave him some money to start petty trading. He began his business because he was not privileged to attend a tertiary institution because of lack of financial support, and the business is the only source of income of his family.

He would like a loan in the amount of 1,200 AZN in order to buy clothing for resale.

Frequent increases in the price of items are his main challenge, but by working hard, in the future he plans to rent a bigger shop, provide quality education for his children and build a house. This loan will help to increase his stock and thus generate more income.

He is a hardworking businessman. He thanks you for your support.

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
  • 23
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD