Funded

Total loan: $1,000
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Nazile

Azerbaijan
Sumgayit city, Azerbaijan / Butcher Shop

A loan of $1,000 helped nazile would like to increase business in her butcher's shop.


Nazile's story

Nazile G. is an Internally Displaced Person (IDP) from the Azerbaijan- Armenian conflict zone, Lachin district. She settled with her family in Sumgait city in 1993. She is 43 years old, married and has two children. Nazile works with her husband and she began her business with $300 own capital in 1999. She used to have difficulty in covering her family's consumption needs for medication, clothes, school etc.

Nazile first borrowed $300 from Normicro and with it she began to sell meat. The second time she borrowed $500 and she used it to rent a trade place to sell the meat. The loans were paid back timely. The third time she applied for a loan of $800 from Normicro and bought a work place. She expanded her business and increased the income of her business and improved her family's livelihood.

Now, Nazile would like to receive a $1,000 loan in order to acquire 3 small calves and food for them. She thinks that this will further improve the living condition of her family.


Loan details

Loan length:

20 months
Disbursed date: October 9, 2007
Facilitated by Field Partner: Norwegian Microcredit LLC (Normicro)

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: October 9, 2007
Facilitated by Field Partner: Norwegian Microcredit LLC (Normicro)