Funded

Total loan: $1,275
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Arzu

Azerbaijan
Agsu, Azerbaijan / Retail

A loan of $1,275 helped to buy merchandise to increase turnover.


Arzu's story

Arzu is a 37-year-old woman. She is divorced and raises two sons alone. She is a market vendor and sells different kinds of products such as shampoo, soap, and detergents. She has four years of experience and has deep knowledge of market and demand of clients.

The food products she sells are very popular among people and in high demand. Her monthly profit from selling foods is 150 AZN. Her son helps to purchase the products and bring them to the shop. This is the sole financial income in her family. She is a very successful entrepreneur because of a good location in the central bazaar of her home city. However, it is hard to cover the needs of two children, and Arzu would like to expand her business.

She applied for a 1,000 AZN loan to purchase more products and diversify her range of goods to cover her customers` demands. This will be her second loan and she has a good client history.



Loan details

Loan length:

14 months
Disbursed date: October 5, 2012
Facilitated by Field Partner: Aqroinvest Credit Union

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: October 5, 2012
Facilitated by Field Partner: Aqroinvest Credit Union