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Alifali
Alifali M. is a shop vendor who sells a variety of goods including women's clothing, textiles and kitchen articles. He has more than fifteen years of experience in this field. He reached his original goal two years ago when he realized his dream of building his own store. His one son studies at school, and Alifali dreams of providing him with an excellent education. To continue the growth of his business, Alifali applied for a $2000 loan with the loan term of fifteen months.

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 $2,000 helped Alifali to purchase more textiles to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 18, 2009
Listed
Apr 14, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010