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Ramil is 32 years old. He has been selling different kinds of construction materials, such as cement, paints and so on, in the market for the past 5 years, during which time he has acquired the knowledge and skills required to open his store.

Since he started his store, his clientele has increased, thanks to his good service. With the first loan he was able to increase his stock, and he has a good client history.

Now he is requesting a loan of 1,300 AZN, which he will use to buy merchandise to increase his assortment of items for sale.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Ramil to buy merchandise to increase his assortment of items for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 24, 2011
Jul 11, 2011
Currency Exchange Loss:
Jun 19, 2012