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Natig, age 43, owns and operates a small car repair business. He is a a hard-working, enthusiastic man who puts all of his hard work into getting ahead in life.

Natig opened his small business on his own initiative and with his spouse's support, repairing cars that are not functional and re-selling them at a profit. His business has been profitable because people in his district generally do not have the money for a new car. Natig believes that his business is going well because of the quality, good prices, and friendly treatment he offers his customers.

Natiq lives with his wife and their two school-aged children.

He has applied for a loan in the amount of 1500 AZN. With this investment, Natig will be able to buy broken-down cars to repair and offer for sale. He is confident that he will increase his sales as well as his income. He is very grateful to Kiva lenders.

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 $1,925 helped Natig to buy old cars to repair and offer for sale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 28, 2013
Apr 5, 2013
Currency Exchange Loss:
May 17, 2014