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Alishakh S. is married and has 2 children. He runs a small grocery business in Agsu city. His shop is located on the main market aisle where there are many customers every day. Alishakh has been in this business for over 10 years. Alishakh started his business with his first loan from AqroInvest, which he successfully repaid. He is a high achiever and a consistent entrepreneur who is very knowledgeable about the market environment. His professional skills and perseverance have helped to ensure rapid growth and success of his business. Now his monthly income is about 300-450 AZN. Alishakh is requesting a loan of 1000 AZN to increase the assortment of his selling inventory. He is hoping that this loan will help his venture grow and generate extra profits. We believe that Alishakh 's ability to identify tasks critical to business success and set up a system for accomplishing them will allow him to continue growing in the sphere of private entrepreneurship.

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
  • 16
    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 $1,250 helped Alishakh to buy more inventory for his grocery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 10, 2010
Sep 1, 2010
Currency Exchange Loss:
Aug 15, 2011