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Ilqar A. is married and is 43 years old with daughters. He began his business 20 years ago with a small store, which adapted according to market demands. Initially Ilqar offered a small number of food products in his store but expanded due to his location and client needs. His wife works with him and helps in the business. Ilqar is asking for a loan of 1,600 AZN to purchase additional merchandise in order to offer a more diverse range of products to his clients. He wants to be able to keep an up-to-date inventory and meet the preferences of his clients. Ilqar thanks you for your support to continue to improve both his business and the quality of life for his family.

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
  • 17
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 Ilqar to purchase more items to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jan 26, 2010
Jan 1, 2010
Currency Exchange Loss:
May 17, 2011