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Vilayat
Selling cosmetics and home products in his private shop became the only source of income for Vilayat K., a 50-year-old man who's been doing this for fifteen years. He is married and the father of one son. His child is the reason that he works hard in order to provide him with the best and brightest future.

This man has many projects for his future. Vilayat’s wish is to add more cosmetics and therefore have more to offer to his clients. He would pay back this loan and, also with the profits, he would be able to pay for his son’s wedding. 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

  • $6,171
    Average annual income
  • 33
    View loans »
    Azerbaijan Loans Fundraising
  • $14,042,275
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Vilayat to purchase more cosmetics to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 20, 2009
Listed
Jun 12, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010