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Raqif
Raqif Q. is a successful entrepreneur and a dedicated husband. He began a small grocery store a year ago with a small amount of capital he had saved. He was assisted by his wife who helps him serve his clients. Today his clientele has grown and his grocery store has become more popular. His monthly income is 250-300 AZN. He is asking for a loan of 800 AZN so that he may expand the variety of goods that are sold in his store.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,919,450
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Raqif to purchase more goods.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2010
Listed
Sep 12, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011