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Jeyhun T. is a 33-year-old tailor who has been running his business for the past 10 years. As soon as he finished the special tailoring school, he started as a tailor's assistant and, after a year, he opened his own tailoring studio. He prepares different kinds of clothes for men, but his best and favourite project is making men's suits.

He is married and has a daughter. He wishes to provide the best for his family and especially for his beloved daughter. For this purpose, he has applied for a loan of 1600 AZN to purchase a modern sewing machine.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $14,289,125
    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 Jeyhun to purchase a new sewing machine.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Mar 29, 2010
Feb 7, 2010
Currency Exchange Loss:
Nov 19, 2010