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Nizami
Nizami has worked as a barber for many years and opened his own barber shop in 2009. He is very talented and maybe that's why he has so many clients. Also, he doesn't charge much for his services. He has a good client history.

Now, he wants a loan of 1,500 ANZ, so he can buy newer instruments for hair cutting. This way, he thinks he can offer a better service for his clients. Nizami is married and has four children who are the meaning of his life. Nizami promises to repay on time.

Additional Information

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $6,171
    Average annual income
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $14,045,550
    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 Nizami to purchase newer instruments for hair cutting and shaving.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2011
Listed
Jul 11, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012