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Mamed
Mamed lives with his family, his wife and daughter. At a young age, he began working at a reinforced concrete shop. Since then, he has found this line of work to be interesting and very productive. In addition, he likes the idea of being his own boss. He works with four assistants every day in his own workshop.

Mamed works hard for his family's happiness. He is applying for a loan from Kiva's partner, VFAC for the dowry for his daughter, since he can't afford taking this amount directly from his business capital.

He hopes to keep on responding to his family's needs and expanding his business.

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.

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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