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Fuad
Fuad N. is a hard-working man who sells a variety of fruits and vegetables in the central market of Saatli. He considers himself happy and humble. He started his business in 2003 with savings he had accumulated over a long period of time. He wants to provide an education for his 2 young children.

Fuad's biggest dream is to prepare his children for professional careers so they don't have to suffer through hard labor, like he did when he was young. To realize this goal, Fuad is requesting a loan of $1200 US to buy more goods so he can increase his earnings.

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
  • 28
    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 Fuad purchase more goods to increase earnings.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 29, 2009
Listed
May 17, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010