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Sakhlar B. is a 53-year-old pension trader who has 10 years' experience in food sales. He is married and has four children. He started his business because he lost his job and wasn’t able to cover the basic needs of his dearest children. Sakhlar's monthly income is about 400 AZN. He is an experienced businessman and he wishes to open a new shop. To achieve his dream, he needs more money and for this purpose he has applied for a loan of 900 AZN. He needs this loan to purchase more merchandise.

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
  • 45
    View loans »
    Azerbaijan Loans Fundraising
  • $13,976,150
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Sakhlar to purchase more merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 9, 2010
Jun 27, 2010
Currency Exchange Loss:
Jun 22, 2011