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Zaman K. is 60, married and has two sons who are 1 and 3 years old. His family lives in Sabirabad city. Zaman sells household items and children's clothes in his shop. This business has become the only source of income for Zaman`s family. Zaman already has successfully paid his loan and now applied for new one.

Zaman has been in the trade for 12 years. His business is characterized by stability and positive performance. The inventory he sells is always in demand as people need dishwashers, laundry soap, towels, dishes, perfumes, and other household items and children need seasonal clothes.
Zaman wants to see his business growing in the future, which is why he is requesting a loan of 1,500 AZN to increase his turnover capital.

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
  • 17
    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 Zaman to purchase more houshold items to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 14, 2011
Mar 19, 2011
Currency Exchange Loss:
Mar 15, 2012