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Tehran
Tehran M. is married with three children. He has always been a hard-working man who has made sure, from a young age, that his family never goes without their daily bread.

Tehran has a grocery store where he sells different kinds of foodstuffs. He began this enterprise eight years ago with a starting capital of $200. Thanks to his perseverance and dedication, he has expanded his business over time. It has become a family affair now, as they help him with the business.

Today, Tehran needs to buy additional foodstuffs to increase the range of his goods. For this purpose, he is requesting a loan of $2000. He is ready to work even harder, to make sacrifices, and to make extra effort to achieve his goal and become a successful entrepreneur.

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
  • 18
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    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 Tehran to purchase more food products.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 25, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 20, 2010