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Mushviq
Mushviq S. is a 35-year-old tailor. He is married and has three children and is very proud to be the father of such a big family.

Mushviq started his business seven years ago. He is a very popular tailor among local people. His working day starts at 7:00 in the morning and finishes late at night. His customers know that he is very responsible and always finishes an order on time.

Now Mushviq would like to expand his business and purchase modern tailoring tools. For this purpose he has applied for a $1200 loan.

Additional Information

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $10,800
    Average annual income
  • 27
    View loans »
    Azerbaijan Loans Fundraising
  • $14,260,675
    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 Mushviq to purchase modern tailoring tools.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 29, 2009
Listed
May 14, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010