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Ilkin Q. is a 28-year-old man. He is married and has two school-aged sons. Ilkin has owned and managed a grocery store for the last four years. His store is located at the front of his house and his wife actively helps him in his business. They are very hard-working people who dream of giving a good education to their children. By expanding the business, he will be able to improve his family's quality of life.

Ilkin feels happy because this is the first loan he has taken out from AqroInvest and Kiva. He requested the loan amount of 1500 AZN to renovate his store and expand his inventory. He hopes to use the profit from this loan to educate his sons.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    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 Ilkin to renovate the grocery store and expand his inventory.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jan 28, 2011
Feb 11, 2011
Currency Exchange Loss:
Aug 15, 2012