Funded

Total loan: $1,275
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Babak

Azerbaijan
Agjabadi, Azerbaijan / Fruits & Vegetables

A loan of $1,275 helped to purchase more fruits and vegetables and increase sales turnover.


Babak's story

Babak is a 23-year-old single man who lives with his parents. He sells fruits such as pears, oranges, apples, pomegranates and bananas as well as vegetables like tomatoes, cucumbers, carrot and cabbage. Fruits and vegetables are very popular among Azerbaijan people and in high demand during the year.

People like to eat fresh fruits and this is often one of the main desserts for guests. Vegetables are also in high demand because people use them fresh in everyday life as well as in cooking. Babak has years of experience in this field and gained necessary skills and knowledge required for his business. His father helps him to run the business.

His shop is located in the center Al Agjabedi bazaar, and people always pass his shop and come to buy some fresh fruits and vegetables. His monthly income from this business is 200 AZN.

Babak want to expand his business. The amount of products he sells is not enough to cover high demand. He would like to purchase more fruits and vegetables and increase his sales turnover as well as improve the life of his family. For this purpose, he applied for a 1000 AZN loan.



Loan details

Loan length:

14 months
Disbursed date: January 19, 2012
Facilitated by Field Partner: Aqroinvest Credit Union

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 19, 2012
Facilitated by Field Partner: Aqroinvest Credit Union