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Ibadet
Ibadet A. is a young 22-year-old businessman who lives in Yalavach village, in Imishli town, in the southern part of Azerbaijan. He started his toy business in 2005 and since then his income has considerably increased. He is planning on expanding his business and has ordered a consignment of toys from Moscow (Russia); these include mechanical and educational toys. He has saved some money but is requesting a loan of $1200 USD to make the payment for the first consignment. His entire consignment costs no more than $4,000.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ibadet going to purchase new goods for his toy shop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 18, 2007
Listed
Oct 1, 2007
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2009