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Panakh Q. runs a store where he sells beverages and sweets. He has six years of experience in this field. Panakh is married and has three children. He has dedicated his life to providing a good standard of living for them. Panakh recently built his own store and has applied for a $1200 US loan to increase the number of products he sells and expand his business. We wish him good luck!

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
  • 29
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Panakh to purchase more goods for a store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
May 18, 2009
Apr 15, 2009
Currency Exchange Loss:
Sep 15, 2010