Funded

Total loan: $2,000
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Nijat

Azerbaijan
Imishli, Azerbaijan / Food Market

A loan of $2,000 helped to purchase more merchandise.


Nijat's story

Nijat M. has a successful business selling food at a market in a village in Imishli. He started his business about 10 years ago after evaluating different business possibilities and deciding this would be the best option and something he would enjoy.

Nijat purchases products at very low prices and then resells them for a profit. Because he sells in bulk, he deals with a high inventory turnover rate. Nijat rents a very good location at the market for his business and he has little competition.

He has requested a loan of 1606 AZN to increase his business capital. This loan will enable him to buy more produce to sell, so he can increase his profits and continue to operate a profitable business.



Loan details

Loan length:

17 months
Disbursed date: December 29, 2009
Facilitated by Field Partner: Aqroinvest Credit Union

Lenders and lending teams



Loan details

Loan length:

17 months
Disbursed date: December 29, 2009
Facilitated by Field Partner: Aqroinvest Credit Union