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Yadigar is 42 and married with 3 children. Yadigar runs a grocery store where he sells different kinds of goods such as confectioneries, candies, butter, beverages and other items. He has 10 years of experience in this field and his monthly income is about $300 USD. His store located in the central Imishli bazaar and is very popular among local people. He would like to increase the range of good he sells and for this purpose he applied for a loan of 1,500 AZN.

Additional Information

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $10,800
    Average annual income
  • 86
    View loans »
    Azerbaijan Loans Fundraising
  • $14,526,825
    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 Yadigar to purchase more food products to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 12, 2011
Aug 9, 2011
Currency Exchange Loss:
Oct 15, 2012