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Samad
Samad A. is forty-four years old and married with four children. He has been involved in the sale of spare parts for cars since 1999. Since then, his business has gradually expanded. Being hard-working and polite by nature, Samad has managed to develop a clientele that is happy with the goods and the service. The income he receives allows him to provide for his family's needs; he is the only bread-winner in the family.

Samad is requesting $2000 to purchase more spare parts for cars to increase his range of goods. He is counting on your help and expresses his gratitude to everyone supporting him. He promises to repay the loan on time.

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 $2,000 helped Samad to purchase more spare parts for cars.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 25, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010