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Mikayil
Mikayil A. is a 45-year-old man who sells magazines, newspapers and other office supplies. He is married and has one daughter. Mikayil pays rent for his shop and he wishes one day to have his own shop. His monthly income is 250-350 AZN. He applied for a loan of 1,000 AZN to purchase more books and magazines for his shop.

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
  • 29
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    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 Mikayil to buy more buy books and magazines to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011