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Imammaddin Q. is 35 years old and married. He has had a grocery store for 2 years; he started it with his own resources through his work. His wife is the one who works in the store. Imammaddin uses all his income to improve living conditions for his two children. He wants to increase the sales of new products preferred by his clients. He applied for a 900 AZN loan to purchase products such as bread, tinned goods, sweets and juices to increase his revenue.

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
  • 17
    View loans »
    Azerbaijan Loans Fundraising
  • $13,942,725
    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 Imammaddin to purchase more products to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 9, 2010
Aug 22, 2010
Currency Exchange Loss:
Jul 15, 2011