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Faiq
Faiq is 57 years old. He is married and the father of four children. His eldest daughter is getting married. In order to buy her a dowry for the wedding, he applied to VFAC for a loan. Credit will help him not sell cattle, and he will be able to provide a dowry for his daughter according to traditions.

Faiq has been engaged in agriculture for more than 32 years. He sells turkey, eggs, animals for meat purposes and dairy products. His wife helps him keep the farming household. Faiq works as an operator in road management and most of the time he is at work.

In the picture you see Faiq with his wife and one of their children.

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
  • 22
    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 $1,275 helped Faiq to support his daughter with dowry.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2013
Listed
Nov 22, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014