Funded

Total loan: $2,550
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Mikayil

Azerbaijan
Saatli, Azerbaijan / Bookstore

A loan of $2,550 helped to expand his business.


Mikayil's story

Mikayil is 47 years old. He is married and he has one daughter. His wife stays at home and is not working, so he is the only one making an income. Mikayil`s shop is very popular in his city because it is already 11 years that he has been selling newspapers, magazines, and books. From this business, his monthly profit is 200 AZN. Mikayil sells his newspapers and books in the city market. In Azerbaijan, people are buying books, magazines and journals every day to have more information. Sometimes his wife also helps him to sell newspapers. To expand his business, Mikayil needs a AZN 2,000 loan. He has a good loan history- this is his fourth loan.



Loan details

Loan length:

20 months
Disbursed date: April 1, 2013
Facilitated by Field Partner: Aqroinvest Credit Union

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: April 1, 2013
Facilitated by Field Partner: Aqroinvest Credit Union