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Nadim
Nadim is 32 years old, married and the father of two children. For the last seven years, he has made a living selling fruit, including apples, peaches, bananas, orange and pomegranates, in the local market. He is very skilled at what he does and knows how to store the produce to keep it marketable, nutritious and good tasting. He is known locally for having excellent prices and outstanding service, which allows him to earn a substantial and stable income for his family. During the summer, his goods are in high demand and he is applying for a loan for 1,000 AZN to expand his business by buying more fruit to sell.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,942,725
    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 Nadim to buy more fruit to sell to his customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2011
Listed
Jun 21, 2011
Currency Exchange Loss:
Covered
Ended:
May 17, 2012