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Mahir
Selling food products in his rented store is the only source of income for Mahir S., a 40-year-old trader who's been doing this for 12 years. Mahir is married and the father of two sons. His children are the reason that he works hard in order to provide them with the best, brightest future.

This man has many projects for his future. The main project is that Mahir wants to build his own store where he would be able to sell a wide range of products.

His wish is to add more items and therefore have more to offer to his clients. Mahir will pay back this loan and, with the profit, he will be able to pay for his children’s education. This man waits for your help. Let's make his dream come true.

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
  • $14,255,775
    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 Mahir to purchase more food products to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 29, 2009
Listed
May 18, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010