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Hafiza H.'s store is situated in the outskirts of her town, where she sells adornments, accessories, parfum and cosmetics. She is married and has four children. She is going to open another store in the center of the city. She borrowed a $1200 USD loan to help improve her store, and she plans to use this loan from Aqroinvest CU to reach her goal of opening a second store.

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
  • 14
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Hafiza mrs. Hasanova would like to open another cosmetics store in the center of the city.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jul 24, 2007
Jun 29, 2007
Currency Exchange Loss:
Feb 15, 2009