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Asif M. is 26 years old and a very enthusiastic young man who has been selling different kinds of domestic goods since 2005. Asif is single but responsible for supporting his parents who are unemployed. His shop is the only source of income in Asif's family but the income that his shop brings him is not enough to build his own family.

Asif believes one day he will have a big family with many children. For this purpose Asif applied for a loan in the amount of 1600 AZN, as he believes this loan will help him to increase his profit. Let’s do our best to help this hard-working 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
  • 24
    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 Asif purchase more merchandise to increase profit.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Mar 29, 2010
Mar 1, 2010
Currency Exchange Loss:
Dec 2, 2010