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Ilkin V. is a hard-working, persistent entrepreneur from Agsu in the northern part of Azerbaijan. He is married and has three children, and his wife actively helps him.

Eight years ago Ilkin decided to open his own small grocery business. Today, his business is successful, and he is looking to expand it further. Ilkin has requested a loan of 1,000 AZN so that he can purchase additional foodstuffs for his grocery. He plans to increase the variety of items he has available for customers to use in making ever-popular delicacies.

One of Ilkin’s goals for his business is to help his children as he can. We are happy for this opportunity to assist this responsible, dedicated business owner as he works to improve his livelihood.

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 $1,275 helped Ilkin to purchase additional foodstuffs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 1, 2011
Apr 14, 2011
Currency Exchange Loss:
Apr 15, 2012