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Shaiq Q. is 37-year-old man living in Saatli with his family. He is blessed with two sons. Shaiq's wife takes care of the children and helps him run the business.

Shaiq has an established grocery store, which he has operated for five years. This business is the only source of income for the family. Shaiq is a diligent man and has plans and dreams for the future. He requested this loan of 1,700 AZN fromf AqroInvest and Kiva to increase his inventory and enlarge the 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
  • 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 $2,150 helped Shaiq to increase inventory and to enlarge the store.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jan 28, 2011
Feb 11, 2011
Currency Exchange Loss:
Aug 15, 2012