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Alibala P. is a 67-year-old trader who owns his business in Imishli in the the southern region of Azerbaijan. Alibala is married and has four children. He sells vegetables and fruits in the central street of Imishli. He has many clients among local people and he always gives discounts for permanent clients. Alibala has fifteen years of experience in this field and selling brought him and his family good income. But last year it was very hard for Alibala just to keep body and soul together because prices for products rose so much. He has decided to add some products and start selling potatoes and onions, because these products are in top demand. He has applied for 1200 USD for his purpose.

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
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Alibala going to start selling potatoes and onions.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Nov 20, 2007
Nov 3, 2007
Currency Exchange Loss:
Jun 15, 2009