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Vaqif A. is 54 years old, and is married with three children. Vaqif sells candies, beverages, pastries and tinned food. He has been in this business for 9 years. The income he generates allows him to support his family, for whom he is the sole breadwinner. Now, Vaqif is requesting a 1600 AZN loan to purchase sweets to enlarge the range of goods he offers. Vaqif thanks you for all your support and promises to repay the loan on time.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    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 Vaqif to purchase more supplies of sweets for resale and to increase profit.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Nov 30, 2009
Nov 1, 2009
Currency Exchange Loss:
Nov 23, 2010