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Matlab
Matlab S. is 54 years old and lives with his wife and four children, to whom he is a devoted father. He makes the most of every opportunity, such as when he started selling foodstuffs in the food market. He gives his business constant attention all day long, everyday, and in this way he has attracted customers. His income enables him to contribute to the home finances.


In addition he also works as veterinarian. He is motivated in his work by the need to support the family finances and take care of his children's education in school. Matlab is requesting a loan which he will invest in merchandise for his shop. He wishes to stock it with more products and offer the best products every day.

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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,953,050
    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 Matlab purchase merchandise for his shop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 28, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010