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Firudin is 50 years old, married and has three children. He has a rented shop where he has been providing tire and repair services for vehicles, etc.

Since he has been in business for more than 23 years, Firudin has accumulated many customers. He is well-known for the good service he provides to his customers. There are many customers who bring their cars to him whenever they are in need of repairs.

He needs a loan so that he can build a bathroom at his house and improve his family's living conditions.

Additional Information

About VisionFund AzerCredit:

Vision Fund AzerCredit was established in 1996 to provide credit to ensure people can take control over their own lives and livelihoods.

While VF AzerCredit works both in the urban and rural areas of Azerbaijan, the emphasis is placed on providing loans to micro and small rural entrepreneurs and self-employed poor, covering remote areas, which are not bankable.

AzerCredit provides group loans, agriculture loans and household and family loans for small and micro entrepreneurs.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Azerbaijan

  • $10,800
    Average annual income
  • 23
    View loans »
    Azerbaijan Loans Fundraising
  • $14,856,925
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Firudin to build a bathroom at his house and improve his family's living conditions.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 4, 2012
Dec 14, 2012
Currency Exchange Loss:
Jan 17, 2014