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Rena is an Internally Displaced Person from the Fizuli region located in the south-east part of Azerbaijan. She, the family of her husband and her four children were relocated to Baku as a result of the Armenian-Azerbaijan military conflict over Garabakh. She runs a construction materials shop together with her husband. They have been in this business since 1993. Since then she has developed the business, but now she is a bit short on inventory to be sold. She wants to increase the number and variety of inventory. She has applied for a loan in the amount of $700. This is her second loan from Normicro Baku branch.

About Azerbaijan

  • $10,800
    Average annual income
  • 29
    View loans »
    Azerbaijan Loans Fundraising
  • $14,864,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Rena to buy more inventory to grow her construction materials business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 19, 2007
Nov 5, 2007
Currency Exchange Loss:
Dec 16, 2008