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Qabil, 46 years old, is married and has three children. Five years ago, Qabil decided to start his own business selling carpets and dowry items. He began the business with his hard earned savings as he had always wanted to be an entrepreneur. He is familiar with this business and provides good customer service. Qabil's shop is located in the central bazaar of Sabirabad. His monthly income is 200 AZN and his son actively helps him. Qabil has many clients and his business keeps growing. In order to increase the range of his carpets, Qabil is requesting a loan of 600 AZN, which he will use to purchase more inventory.

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 $775 helped Qabil to purchase more products to increase profit.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 28, 2011
Sep 8, 2011
Currency Exchange Loss:
Oct 15, 2012