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Elshan
Elshan is a 20-year old very young and enthusiastic man who sells different kinds of dishes, glasses, plates, kettles and other home products. This kind of product is very popular for dowries. His store is located in the central market of his home city. His profit is about $350 USD per month. He wishes to expand his business and purchase more items to increase his stock. For this purpose, he applied for 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
  • 44
    View loans »
    Azerbaijan Loans Fundraising
  • $13,976,150
    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 Elshan to purchase more items to sell in his store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2011
Listed
Aug 9, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012