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Siyavush is 47, married and the father of three children in his care. Siyavush provides a locksmith service and has his own mechanical workshop. He is a master of his job, always busy and has lots of customers who bring their vehicles to be repaired. Siyavush has no help in the workshop to do different jobs. He needs a loan in order to buy new equipment, which will help him to accommodate the needs, to finish orders in time and maintain the clients.

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
  • 23
    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 $1,925 helped Siyavush to buy new equipment for vehicle repairs.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Dec 26, 2012
Jan 11, 2013
Currency Exchange Loss:
Feb 17, 2014