Expired

Total loan: $1,275
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Panah

Azerbaijan
Agsu, Azerbaijan / Farming

A loan of $1,275 helped to buy seeds and fertilizers.


Panah's story

Panah is a forty-four-year-old man, married, with three children. He raises fruits and vegetables in his garden and has been doing it for the last twelve years. He is very experienced farmer and has deep knowledge of land and how to manage it. He was not able to find job for several years and than decided to start his own business.

Panah usually raises seasonal fruits and vegetables and sells them for profitable price in the central bazaar. Fresh fruits and vegetables are very popular and in high demand because people prefer to eat them every day and consider them very healthy. Also one of the favorite national dishes, Dolma, is made of fresh eggplants, peppers and tomatoes. His monthly income from this business is 120 AZN. This is the only source of income in his family.

Now Panah would like to invest more capital in his business and purchase seeds and fertilizers. For this purpose he applied for a loan of 1,000 AZN. As his business is the only source of income in his family, he hopes that the loan will improve his family's life. This will be his third loan, and he has a good credit history.



Loan details

Loan length:

14 months
Disbursed date: May 24, 2012
Facilitated by Field Partner: Aqroinvest Credit Union
Expired: July 11, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 24, 2012
Facilitated by Field Partner: Aqroinvest Credit Union
Expired: July 11, 2012