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Vahida Z. is a hard-working woman who lives in Sabirabad. She is 55 years old and lives with her husband and three children — two daughters and one son — aged between 23 and 28. Her son and husband are engaged in agriculture which did not cover all the family's needs. In 2005, to help provide for the family, she went into the business of selling jewelry, and since has gained a lot of clients. Vahida sells rings, watches, bracelets and other gold accessories. This is the first loan Vahida has taken from Aqroinvest and Kiva. She used this loan of 1500 AZN to invest in her jewely inventory, so as to increase the number of items for sale and boost her profit.

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
  • 15
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,900 helped Vahida to buy jewelry for sale.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Dec 15, 2010
Jan 1, 2011
Currency Exchange Loss:
Feb 15, 2012