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Yaqub N. is a 56-year-old married father of three children. He provides for his family with the revenue generated by the grocery store he owns. He is requesting a loan of $2000 US to increase the stock of food goods available at his store. Yaqub is ready to work even harder and make sacrifices to achieve his goal of becoming a successful entrepreneur and supporting his children's efforts to get good educations. We believe his perseverance and clear vision will ensure the success of his small business.

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
  • 24
    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 Yaqub to purchase more food products for inventory.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Aug 25, 2009
Aug 1, 2009
Currency Exchange Loss:
Dec 18, 2010