A loan of $2,550 helped to buy more products for resale.

Ramiz's story

Ramiz is 32 years old and the father of two sons. He is an IDP (internally displaced person) and lives with his wife and children in the Bilasuvar IDP Settlement. He is a Fuzuli refugee. His wife stays at home.

A few years ago, Ramiz decided to open his own business, selling basic grocery items needed in his neighborhood. Today, he is a person who enjoys his neighbors' and his family's respect.

He has been in this business for eight years. He sells food products in his shop, such as macaroni, rice, candies, cookies, sugar and beverages. His wife helps him in this business. His monthly profit is 300 AZN. As this is the main source of income, his profit is used for family needs. The profit he earns is not enough to reinvest in his business in order to meet customer demand, so he is suffering for this reason.

Ramiz would like to increase his sales and invest additional capital in the business. For this purpose, he applied for a 2,000 AZN loan. He will buy and diversify foodstuffs to sell at his store. This will be his third loan, and he has a good credit history.

Loan details

Lenders and lending teams

Loan details