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Allahyar A. is a 47-year-old man who sells different kinds of men and women clothes as well as hair colors and some perfumes. He has been in business for the past nine years. He rents a place next to a woman's beauty salon, so a lot of women customers come to buy something before they go to the salon. This clever move makes Allhyar a successful entrepreneur and helps to cover his family's needs.

Allhyar's dream is to build his own store one day and, as a first step to approach his dream, he has applied for a 1600 AZN loan. Let’s do our best to help this hardworking man.

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
  • 25
    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 Allahyar to purchase more women's clothes and expand his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Mar 29, 2010
Mar 1, 2010
Currency Exchange Loss:
Nov 19, 2010