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Aysel
Aysel S. is 26 years old. Aysel owns a successful clothing sales business at the central market in Lankaran. She has been running this business for 5 years. Her business has benefited from a good sales location and constant demand for her products. Aysel tries to offer good prices to her customers while still making a profit.

Aysel has requested a loan of 1600 AZN to increase her inventory. This is a busy time for many market vendors, because the cold season is coming and everyone is preparing for the winter season. By purchasing additional inventory, Aysel will be better prepared to meet the increased demand and earn a good income. We believe her perseverance and natural liveliness will help her continue to succeed in her trade and repay this loan on time.

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
  • 21
    View loans »
    Azerbaijan Loans Fundraising
  • $14,289,125
    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 Aysel to purchase clothes for winter season.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 26, 2010
Listed
Dec 12, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 21, 2011