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Mirbala is 49 years old. He is married and has three children. Mirbala is an entrepreneur who sells different kinds of foodstuffs, including sweets, soft drinks, and juice, in the grocery store that he rents. Mirbala is not alone in this business; his entire family actively helps him with the sales.

Mirbala has previously received financial help through AqroInvest Credit Union. The financial assistance he has received has helped him expand his business. Currently, Mirbala's gross income is about 500 USD, and his monthly net profit is about 300 USD.

Mirbala needs a loan of 1500 AZN to be able to increase the stock of goods in his store. He is ready to work hard and to make sacrifices to become an even more successful entrepreneur. Mirbala's perseverance and clear vision will help him succeed 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
  • 43
    View loans »
    Azerbaijan Loans Fundraising
  • $13,977,125
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Mirbala to purchase more products to increase the stock of goods in his store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 24, 2011
Jul 10, 2011
Currency Exchange Loss:
Sep 15, 2012