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Malik S. is a successful entrepreneur, father and dedicated husband. He has one daughter who inspires him to work hard. Malik began a small grocery store 4 years ago with a small amount of capital from his savings. He is assisted by his wife who helps him with serving his clients. Today his clientele has grown greater and his grocery has become more popular. He is asking for a loan so that he can expand the variety of goods sold in his store. Malik is very grateful to everyone who is helping him to achieve success in his business with this loan.

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
  • 21
    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 $2,000 helped Malik purchase more goods.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Aug 25, 2009
Jul 10, 2009
Currency Exchange Loss:
Sep 16, 2010