Funded

Total loan: $1,000
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Rashad


A loan of $1,000 helped to buy silver goods and merchandise in order to have a bigger inventory.


Rashad's story

Qasimov Rashad was born in the Azerbaijan- Armenian conflict region Gubadli, situated in the western part of Azerbaijan Republic in the Caucasus region. Right now he lives with his family in Sumgayit city. He is 24 years old and he is single. His parents are old. Therefore he is the only breadwinner of his family. He started his business in 2001. He sells perfumes, creams, lotions, perfumes, shampoo, etc. His friend helps him with this work. With this business he earns a little money. This money id enough for only some of his family's basic needs. He has difficulty in covering other family consumption needs for food, medication, clothes, etc.

His best clients are young ladies who work in offices. He needs $1000 to buy silver goods and merchandise in order to have a bigger inventory and be able to offer his clients a bigger variety and quality. He is able to support his family’s expenses with this bigger income. He will repay the loan within 14 months.


Loan details

Loan length:

16 months
Disbursed date: October 23, 2007
Facilitated by Field Partner: Norwegian Microcredit LLC (Normicro)

Lenders and lending teams



Loan details

Loan length:

16 months
Disbursed date: October 23, 2007
Facilitated by Field Partner: Norwegian Microcredit LLC (Normicro)