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Habil Q. is a 36-year-old trader who sells mobile phones in the city center of Lankaran. He has 8 years of experience in this field and, during these hard years, he built his own store. He has two sons, of whom is he very proud because they are studying in high school and are very smart guys. He believes that they could be scientists one day.

Habil applied for a loan of 1600 AZN to a open new store in the other part of city.

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

Success!! The loan was 100% repaid

A loan of $2,000 helped Habil to buy merchandise for a second store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jan 26, 2010
Dec 12, 2009
Currency Exchange Loss:
Mar 20, 2011