Funded

Total loan: $1,925
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Nahid

Azerbaijan
Bilasuvar, Azerbaijan / Food Market

A loan of $1,925 helped to make renovations to his new shop.


Nahid's story

Nahid is a 27-year-old man, married, with one son. He is an Internally Displaced Person and received financial support from the government, which is AZN 60.

For the last five years, Nahid has been a market vendor, selling different kinds of food products, like macaroni, sugar, tea, candies, and cookies. He is a trusted client of Aqroinvest Credit Union and started his business with our loan. He is a very successful market vendor and during these years of experience he was able to save enough money to build his own market and stop spending money to rent. In the picture, Nahid is next to his newly-bought place which he is renovating for a new shop.

Nahid's monthly income is AZN 350 and he believes that it will increase after he finishes the renovation. He applied for an AZN 1,500 loan for this purpose and he promises to pay back, as he did before. Aqroinvest Credit Union trusts Nahid because he always paid on time.



Loan details

Loan length:

17 months
Disbursed date: April 2, 2013
Facilitated by Field Partner: Aqroinvest Credit Union

Lenders and lending teams



Loan details

Loan length:

17 months
Disbursed date: April 2, 2013
Facilitated by Field Partner: Aqroinvest Credit Union