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Mehbara
Mehbara is 44 years old; she is married and has two sons. In 1990 she started animal husbandry and field crop cultivation. Today Mehbara has managed to grow her business and crop cultivation and has milk cows and one calf as well as land where she plants tomatoes and melon.

With the purpose of further growing her business, Mehbara has come to VFAC for a loan in the amount of 1200 AZN to buy a calf as well as mineral fertilizer. She plans to invest the income from the loan to increase the headcount of livestock and to remodel her house as well as to help her sons with their plans.

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.

Tags

About Azerbaijan

  • $10,800
    Average annual income
  • 17
    View loans »
    Azerbaijan Loans Fundraising
  • $14,255,775
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Mehbara to buy a calf and mineral fertilizer.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2013
Listed
Jul 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 20, 2015