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Zaur
Zaur 34 years old, married and has two children. His family live in the house which the state has given them as refugees. Eight years ago, Zaur has started his own business. Previously, he worked at a school as a master but his salary did not allow him to fully maintain the family's needs.

After remembering the skills taught to him by his father, he decided to open his own workshop. Now he repairs vehicles. In addition, in front of the garage he wants to open a teahouse. So far, his clients are served tea in the workshop which creates some discomfort for him and his customers. For this reason, he has applied for a loan in the amount of 700 AZN. With the teahouse separated from the workshop, he can confidently and without hesitation continue his work with quality and professionalism to repair the machine.

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.

Tags

About Azerbaijan

  • $6,171
    Average annual income
  • 36
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Zaur to separate the tea-house from workshop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2013
Listed
Oct 7, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014