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Jafar
Jafar is married with one child. He sells food items. His grocery store is located in a very busy place, which is why there are always many customers who come to buy groceries. He is a hard worker and works long days to make sure his family has everything it needs. Eminaga has been running this business for eight years. His monthly profit is 300 AZN.

Jafar’s business is the only source of income for his family. He realizes this responsibility and is doing his best to meet the needs of his family.

Today he is requesting a loan of 1,200 AZN to purchase more food items. Jafar is hoping that from the increased profit from his business, he can expand his grocery store.

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
  • 29
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Jafar to purchase more food items for sale.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2011
Listed
Jul 12, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012