Funded

Total loan: $700
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Elshan

Azerbaijan
Sumgayit city, Azerbaijan / Clothing Sales

A loan of $700 helped increase the amount of space he has for his business in the central market.


Elshan's story

M. Elshan is 45 years old. He was born in Sumqayıt City, which is located in eastern Azerbaijan. He is the father of two children. M. began his business with $300 in 1996. At first, he sold only children's clothing, but the income wasn't enough for more than his family's basic, subsistance needs. He had difficulty covering expenses for medication, clothes, school etc. He now sells a wider variety of clothes, and is requesting a loan for $700 so he can increase the amount of space he has for his merchandise. The more items he can stock, be better is his income. Expanding his business will improve the living condition of his family. He will repay the loan in 12 months.


Loan details

Loan length:

15 months
Disbursed date: December 11, 2007
Facilitated by Field Partner: Norwegian Microcredit LLC (Normicro)

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: December 11, 2007
Facilitated by Field Partner: Norwegian Microcredit LLC (Normicro)