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Mukhtar is a farmer with 11 years experience in breeding livestock. The main scope of his work is selling milk products. He is married and has two sons aged 19 and 20 years. Mukhtar would like to develop his business, so that this business gives a good income and security for his children.

With the loan received, he plans to purchase livestock with its calf. He thanks VFAC and Kiva in advance for the financial support.

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 Azerbaijan

  • $10,800
    Average annual income
  • 31
    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 $1,275 helped Mukhtar to purchase livestock with its calf.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 29, 2012
Dec 17, 2012
Currency Exchange Loss:
Jan 15, 2013