Funded

Total loan: $2,550
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Abulfaz


A loan of $2,550 helped to renovate his café.


Abulfaz's story

Abulfaz is a 53-year-old man, married and the father of 3 kids. He runs a café and serves people with lunch and dinner. He has eight years of experience. He decided to start his own business because his income as a foreman was not stable and was very low. Now he runs his business and serves people with daily meals in his café.

People in Azerbaijan like to have lunch in national style cafes and eat national food, as well as spend time with friends in the evening drinking tea with homemade jam. Abulfaz's place doesn’t look very attractive, but his food is delicious and that’s why his café is full of people. His older son helps him and cooks in his café.

His monthly income is 200 AZN and he would like to increase it. For this purpose he applied for a loan of 2000 AZN. He will use this loan to renovate his café. This will be his fifth loan and he has a good client history.



Loan details

Loan length:

20 months
Disbursed date: September 6, 2013
Facilitated by Field Partner: Aqroinvest Credit Union

Lenders and lending teams




Loan details

Loan length:

20 months
Disbursed date: September 6, 2013
Facilitated by Field Partner: Aqroinvest Credit Union