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Tahir B. is a 49 year old man who sells men's and women's shoes in the central bazaar of Imishli city. Tahir is married and has four children who are the central meaning of his life. Tahir started his business ten years ago and, since that time, he has become a very successful entrepreneur. Thanks to his good taste in fashion and his constant smiling face, Tahir`s shop is always full of customers. Tahir`s dream is to build his own shoestore. For this purpose he has applied for a 1200 AZN loan. He will spend this loan to purchase more seasonal shoes.

Additional Information

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $10,800
    Average annual income
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $14,345,975
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Tahir to purchase more seasonal shoes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 9, 2010
Apr 26, 2010
Currency Exchange Loss:
Jun 22, 2011