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Rasim
Rasim is 23 years old and is a very young and enthusiastic man. He is married with 1 child. He sells fruits, vegetables, and fresh greens in the central market of Sabirabad. He has been in this business for 2 years. Fresh fruits and vegetables as well as greens are very popular in Azerbaijan; people use them in their everyday meals. Considering the constant demand for these products, Rasim's business is quite successful and brings in a stable income for his family. His monthly profit is about 150 Azerbaijani manats (AZN).

Rasim has requested a loan of 1000 AZN to purchase more items for his business so he can increase the variety of goods he sells. He would like to thank everyone for their support and promises to pay back the loan on time.

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
  • 17
    View loans »
    Azerbaijan Loans Fundraising
  • $13,944,675
    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 Rasim to purchase more items to increase the variety of goods he sells.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2011
Listed
Aug 25, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012