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Fikret A. is a 52-year-old married man with an adorable daughter. After finding it very difficult to get a job and needing to generate an income, he started his own small business selling home products eight years ago. Fikret began by selling a small selection of basic products, and added to his inventory as he gained more customers. Fikret is requesting a loan of 1,600 AZN to purchase additional merchandise to stock his store and meet his customers' demand. Your support will help improve his life and expand his business. Thank you!

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
  • 27
    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 $2,000 helped Fikret to purchase additional merchandise.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jan 26, 2010
Jan 1, 2010
Currency Exchange Loss:
May 17, 2011