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Mazakhir K. is a 50 year old man who sells construction materials. He is married and has 2 sons. Mazakhir started his business more that 20 years ago. Since that time his business has been the only source of income for his family. His sons help him and Mazakhir teaches them how to prepare materials for sale to their customers. Most of materials he sells are made of wood but, he also sells bricks. Now he has applied for 1600 AZN in order to 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 Mazakhir to expand business via purchasing more materials.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Mar 29, 2010
Mar 1, 2010
Currency Exchange Loss:
Nov 19, 2010