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Shafiga A. is 48 years old, married and has three children. She has been running a grocery store for the past ten years. She sells sweets, preserved food, juices, soft drinks and detergents. The inventory she has for sale is of very good quality and selection.

Shafiga is respectful and patient with all of her customers, which attracts people and brings them back to her store to buy groceries again. Shafiga is seeking to keep her business sustainable and has requested a loan of 1,000 AZN to increase the inventory she has for sale. We believe this current loan will enhance the potential of her business and help Shafiga attain all of her aspirations.

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
  • 45
    View loans »
    Azerbaijan Loans Fundraising
  • $13,976,150
    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 Shafiga to purchase more inventory for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 1, 2011
Apr 14, 2011
Currency Exchange Loss:
May 16, 2012