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Alibala
Alibala N. is a 56-year-old man who runs his own barber shop in Agsu city. He is married and has two children who are independent adults now.

Barbering is the only source of income for Alibala and his wife. He thinks that now that his children are grown up and his income allows, he can improve his workplace and make small repairs. For this purpose he applied for 1,600 AZN.

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
  • 38
    View loans »
    Azerbaijan Loans Fundraising
  • $13,960,650
    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 Alibala to make repairs to his barber shop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 29, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 21, 2010