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Sadiq
Sadiq is 39 years old. He is married and has 4 children. Sadiq began earning income selling seasonal vegetables and fruits. He has 7 years of experience in this field. After a while, he began working at other jobs, but realized that his work wasn't bringing in enough income to cover the expenses of his family.

Therefore, Sadiq decided to independently reengage in the seasonal vegetable sales business. Gradually, he is becoming known in the area; however, he still needs additional capital to purchase vegetables and fruits for sale, given the high demand during the current season. Sadiq is asking for a loan of 1,400 AZN. With this money, Sadiq will be able to buy additional fruits and vegetables for sale and thus earn more profit. Sadiq has a good client history and he is thankful to everyone for their support.

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 $1,800 helped Sadiq to purchase more fruits and vegetables to increase profit.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2011
Listed
Jul 10, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012