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Bircakhan Mammadov is a hard-working, entrepreneur from Agsu city. Six years ago he decided to open his own small grocery sales business. Today, his business is successful and he is looking to expand it further. Bircakhan has requested a loan of 1000 AZN so that he can purchase additional foods for his grocery. He plans to increase the variety of items he has available for customers to use in making an ever-popular delicacy. Bircakhan is married and has two children. One of his goals for his business is to be able 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
  • 42
    View loans »
    Azerbaijan Loans Fundraising
  • $13,981,775
    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 Bircakhan to purchase additional foods for grocery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 5, 2011
May 18, 2011
Currency Exchange Loss:
Jun 19, 2012