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Qaraoglan
Qaraoglan is a hardworking husband and father of two children. He owns a small café which serves all sorts of food and tea. He likes his work and stands out in it due to his attention to detail, the cleanliness of his establishment, the quality of his work and his friendliness. He has three years of experience in this field and his monthly profit is about 300 USD.
Qaraoglan started his business cooking the national meat dish, which is very popular. Today, he rents a place at the central market of Sabirabad city. He would like to extend his business and purchase new plastic chairs and tables to make his place more attractive to customers. For this purpose, he has requested a loan of 1,000 AZN.

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
  • $13,942,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Qaraoglan to purchase plastic chairs and tables to improve his café.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012