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Ibrahim
Ibrahim is 24, a very young and ambitious man who is already succeeding in his business. Ibrahim sells different kinds of food products in his father's shop. He continues the family business and his father is teaching him best practices.

Ibrahim is very friendly and a polite gentlemen and this is makes his business very attractive to many customers. His monthly income generated from his shop is 200 USD. Ibrahim would like to expand his business and for this purpose he applied for 1200 AZN. He hopes to improve living conditions for his family. He has two daughters.

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
  • 11
    View loans »
    Azerbaijan Loans Fundraising
  • $14,235,200
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Ibrahim purchase more foodstuffs to increase income.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2011
Listed
Sep 20, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012