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Kanan
Kanan M. is 35 years old. He is married and has two children. He is a small-business entrepreneur who sells candies, rice, cookies, beverages, and many other foodstuffs in his store. Kanan is not alone in this business. His wife actively helps him with sales.

Today, Kanan is requesting a loan of 1,300 Azerbaijani Manat (AZN) to increase his stock. He is ready to work even harder, make sacrifices, and push every once in a while to achieve his goal and become a successful entrepreneur. Kanan’s main goal is to provide his beloved child with a fairly well to-do life. We believe his perseverance and clear vision will become key success factors in his small business.

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
  • 36
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,650 helped Kanan to purchase more foodstuffs to increase turnover.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2011
Listed
Mar 28, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012