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Vusal J. is a 29-year-old trader who sells different kinds of goods, such as candies, tea, cookies, pasta, shampoo, detergent and soap. Vusal has four years of experience in this field. He is married and has two children.

Vusal runs his own store, which he built a year ago owing to his hard work and ability to save money. His monthly income is 400 AZN and he wishes to increase it to 700 AZN. For this purpose, he has applied for a 1,000 AZN loan to increase number of products he sells.

Vusal wishes to build another, bigger shop as soon he can save enough. He believes the new loan will bring well-being to his two children.

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
  • 14
    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 $1,250 helped Vusal purchase more products to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 4, 2010
Jun 27, 2010
Currency Exchange Loss:
Jul 15, 2011