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Qalib
Qalib R. is married and has one son who is the meaning of his life. Qalib is honest, hard-working, very creative and full of new ideas. He was always dreaming about starting his own business in a trade. However, he didn’t have sufficient capital and he realized he had to provide for his family and cover household expenses. That is why he opened a grocery store.

Qalib is requesting a loan to increase the range of his goods. This loan will give him a chance to buy a larger assortment of goods such as sugar, flour, vegetable oil, cereals, and many others. He believes the loan will boost his economic activity and help him generate more profits. It will not only help him grow his business but also give his family a better quality of life.

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
  • $13,951,900
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,025 helped Qalib to increase the range of goods he sells.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 30, 2009
Listed
Oct 29, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 18, 2010