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Mirismayil M. is a 27 years old trader who runs his own business in the Agsu city of Azerbaijan. He has two years of experience selling phone accessories. With the first loan from Kiva and AqroInvest he started a business selling men's clothes and now he has two shops. He decided to open a new shop but in a different area and discovered that the phone accessories business is more profitable and can generate constant income. Now this business brings him enough profit to cover the needs of his wife and two children.

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
  • 44
    View loans »
    Azerbaijan Loans Fundraising
  • $13,976,150
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Mirismayil to purchase more merchandise to increase profit.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 29, 2010
Nov 19, 2010
Currency Exchange Loss:
Nov 15, 2011