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Yazgul
Yazgul is a 50-year-old married woman and mother of son who is studying to go to college. Her husband is a war veteran. The management of the family is under Yazgul's control. For the last 19 years, she and her husband have been raising and selling cattle and milk products, which has been a profitable project, but also needs more support to cover the family's needs.

The number of cattle is growing, and she is finding it a problem to have stalls for all animals. In future from the income, she wants to build a new stall.

She is requesting a 400 AZN loan from VFAC to help her to cover the costs of planting corn and alfalfa. This will expand their project, increase sales and improve the family's income.

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
  • 27
    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 $525 helped Yazgul to cover the costs of planting corn and alfalfa.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2013
Listed
May 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014