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Vakhila J. runs a small grocery store, selling a wide variety of foodstuffs, including canned foods, soft drinks, juices, sweets, tea, coffee, etc. She has been in this business for about four years. She is married and has eight children. One of her goals is to be able to improve her living conditions.

Vakhila has requested a loan of $1,200 to buy additional foodstuffs, in order to increase the range of her goods. The loan will help her increase her income and continue to operate a stable, sustainable business.

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
  • 15
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 Vakhila to buy additional foodstuffs to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 20, 2009
Jun 11, 2009
Currency Exchange Loss:
Oct 15, 2010