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Alihuseyn is a 46-year-old man. He is married and has three children, age 19, 18 and 17 years, and all are school graduates.

Alihuseyn established his clothing business more than 16 years ago when his parents gave him some money to start petty trading. He began his business because he was not privileged to attend a tertiary institution because of lack of financial support, and the business is the only source of income of his family.

He would like a loan in the amount of 1,200 AZN in order to buy clothing for resale.

Frequent increases in the price of items are his main challenge, but by working hard, in the future he plans to rent a bigger shop, provide quality education for his children and build a house. This loan will help to increase his stock and thus generate more income.

He is a hardworking businessman. He thanks you for your 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
  • 21
    View loans »
    Azerbaijan Loans Fundraising
  • $14,852,050
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Alihuseyn to buy clothing to resell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Apr 26, 2013
May 8, 2013
Currency Exchange Loss:
Jun 17, 2014