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Qıztamam R. is 50-year-old widow who has sold women's shoes in the streets of Imishli for the past three years. When her husband passed away, Qıztamam and her son were left without any means of surviving. With her son studying at the university, selling shoes is the family's only source of income. Qıztamam tries very hard to succeed, but she cannot pay rent and has to stay in the street selling her goods even if it is snowing or raining. Luckily, the owner of the shop next to her display, which is one of the biggest stores in town, allows her to keep her goods in his shop for the night. Qıztamam would like to enlarge her business and purchase additional shoes to sell. She believes one day she could rent a good place in the central market. Qıztamam is counting on your help.

Additional Information

About Aqroinvest

Aqroinvest Credit Union was founded by a group of 32 Imishli farmers in 2001, and has grown to become one of the largest credit unions in Azerbaijan. It boasts a portfolio of nearly $5 million and is wholly owned by its more than 3,500 borrowers, as of December 2011.

You can join Aqroinvest's Kiva lending team, Aqroinvest Dostları (Friends of Aqroinvest), and become a fan of the organization on Facebook here.

About Azerbaijan

  • $6,171
    Average annual income
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Qıztamam to purchase women's shoes.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
May 18, 2009
Apr 10, 2009
Currency Exchange Loss:
Sep 15, 2010