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Rauf E. is a 37-year-old master barber who has run his business for the last 10 years. He is married and has two children. Rauf started his business after he went to special barber school and since that time he has been a master barber for men. Rauf says that he dedicates his life to his adorable children and would like to provide them the best future. For this purpose he applied for a $1,200 loan to improve his work conditions and to purchase new barber tools.

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
  • 43
    View loans »
    Azerbaijan Loans Fundraising
  • $13,977,125
    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 Rauf improve work conditions and purchase new barber tools.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 29, 2009
Jun 1, 2009
Currency Exchange Loss:
Oct 19, 2010