A loan of $2,300 helped to increase his sales and invest additional capital into his shop.

Sharafaddin's story

Sharafaddin is a 60-year-old married father of 5 kids. His wife is a housewife. He is a popular merchant in his hometown, because his shop is situated in the center of town. It has already been 20 years since he started selling food products. His profit from this business is about 150 AZN a month. He sells food products such as macaroni, rice, candies, cookies, sugar, and beverages in his shop. His son also helps him with this business.

The profit he gains is not enough to reinvest into his business to cover his customers` demands. For this reason he is suffering. His shop is the family's main source of income, and his profit is used for their needs. Sharafaddin would like to increase his sales and invest additional capital. He applied for a 1,800 AZN loan for this purpose. He will purchase additional food products and diversify. This will be his 6th loan and he has a good credit history.

Loan details

Lenders and lending teams

Loan details