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Elzada
Elzada I. is 51 years old and lives with her three children and husband. For more than 6 years she has been selling cosmetic products. She is a very orderly and well-organized person and keeps a detailed record with all the data of her clients to be able to offer them her products and attend to them properly. In the future she would like to have a her own shop.

The amount of 1607 AZN requested will be spent on buying more cosmetics to diversify her product line.

Additional Information

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $10,800
    Average annual income
  • 10
    View loans »
    Azerbaijan Loans Fundraising
  • $14,235,200
    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 Elzada purchase more cosmetics to increase her business profit.
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 15, 2010