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Elshan M. is a hardworking, enterprising man who started his business seven years ago so that he could have a better future. He buys and sells foodstuffs and he has an extensive clientele. Elshan understands the business very well so he has had great success. He hopes to keep expanding the business and increasing sales daily. He hopes his business will help him improve his situation and his quality of life.

Elshan is asking for 1600 Azerbaijani manats to stock his store now that demand is increasing day by day. He is very grateful for your support in helping him expand his business.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,919,450
    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 Elshan to purchase more items to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Feb 25, 2010
Feb 1, 2010
Currency Exchange Loss:
Dec 2, 2010