A loan of $500 helped to expand volume of business.

Babek's story

Mr. Babek is a low-income, vulnerable person. He is 40, married with three
children, and lives in the village of Saatli in the south-central plains area of the Azerbaijan Republic in the Caucasus region.

Babek has a place in the local market of Saatli where he sells watermelons seasonally. The business is running well but needs to increase its daily turnover. That's why Babek has applied to Normicro's Saatli branch for a loan of US$ 500.

With this loan as business capital, Babek intends to increase his turnover and thus his income from selling so as to better provide the necessities of life for his three children.

Loan details

Lenders and lending teams

Loan details