Check out some available loans that are similar to this one!
Vasif N. is 22 years old. He is single but a responsible son of his family who relies on him. Vasif sells children's clothing in the center bazaar in Imishli city. Five years ago, he started as a seller. Gradually, he saved some money and with financial support of his dearest parents, he started his own business. Now he is a very experienced entrepreneur and manages his business, trying to keep his clients happy. The business is successful and generates a stable income for the family. Today, Vasif is requesting 1600 AZN for the purchase of new children's clothing for winter to sell. Vasif thanks everyone supporting him and promises to pay the loan on time. His biggest dream is to have his own family and he believes this loan will be a significant step to approach his dream.

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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $14,345,975
    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 Vasif to purchase children`s winter clothes.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jan 26, 2010
Jan 1, 2010
Currency Exchange Loss:
May 17, 2011