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Raig lives in the town of Sumgait together with his family - his wife and two children (a son and a daughter). He has been engaged in trade for 10 years now. He rents a small shop where he sells shoes of all kinds for men. He applied to the Sumgait branch of Normicro for his second loan now - the first one was successfully repaid in due time. He needs $1000 for 12 months in order to enhance the variety of shoes offered to his customers.

About Azerbaijan

  • $10,800
    Average annual income
  • 30
    View loans »
    Azerbaijan Loans Fundraising
  • $14,902,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Raig to increase variety and quantity of goods.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 15, 2008
Jan 27, 2008
Currency Exchange Loss:
Mar 16, 2009