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Khatira S., the 55-year-old mother of seven children, rents a store where she sells cosmetics, women’s crèmes and underwear. This business, which she has operated for the past two years, earns permanent income and allows her family to live in normal conditions. As this is the family’s only source of income, Khatira does her best to make her business successful, always carrying a wide range of products and maintaining very friendly relationships with her customers. Kahtira is hoping to expand her business with a loan of $1500 to purchase more items for the store.

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
  • 15
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 Khatira to purchase more items to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
May 18, 2009
Apr 10, 2009
Currency Exchange Loss:
Sep 15, 2010