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Mushfiq
Mushfiq has always been a hardworking man. He has made sure, from his young age, that his family never goes without their daily bread. He is married with three children. Mushfiq has a grocery store where he sells various kinds of food products. He began this enterprise 10 years ago and his current monthly profit is about $350. Thanks to his perseverance and dedication, his business has expanded.

Today he needs to buy additional food items to increase the variety of goods that he sells. For this purpose, he is requesting a loan of 1,500 AZN. With the first loan from AqroInvest CU he was able to expand his profit and improve his business. He already has completed his first loan successfully and we believe his perseverance and clear vision will become key success factors with 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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,919,450
    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 Mushfiq to buy additional food items to increase the variety of goods he sells.
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:
Apr 15, 2012