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Khikmet J. operates a grocery store in his neighborhood. He started his operation 20 years ago. He is a 45 year-old father of three children whom are currently in school. He sells products like rice, canned foods, drinks, cooking oil, assorted biscuits, candies and beverages. With the loan, he wants to buy more of these and other products to increase his stock of goods. With increased stock and increased varieties, Khikmet hopes to make more income to provide for the educational needs of his children. He would appreciate your assistance very much. He wants to provide his children with university education. Khikmet is grateful for your assistance.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,025 helped Khikmet purchase more foodstuff.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 28, 2010
Apr 1, 2010
Currency Exchange Loss:
Nov 19, 2010