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Parvana lives and works in Agsu. She is a 22-year-old single woman who lives with her parents. In 2008 her family decided to open a grocery store. Being the eldest daughter, Parvana greatly helped her parents. Parvana is a very hardworking young woman, and currently she manages the family business.

She requested 1500 Azerbaijan New Manats (AZN) to use as working capital to buy necessary inventory and increase her assortment of merchandise. Parvana has borrowed and succesfully repaid a previous loan from Aqroinvest. This is her second loan. Parvana dreams of expanding her business to secure the future of her family.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    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 Parvana to buy necessary inventory.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Aug 19, 2011
Sep 9, 2011
Currency Exchange Loss:
Dec 15, 2012