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Sakit
Sakit is a hard-working, persistent entrepreneur from Agsu. Three years ago he decided to try opening his own small grocery sales business. Today, his business is successful and he is looking to expand it further. Sakit has requested a loan of 1000 Azerbaijanian Manat (AZN) so that he can purchase additional items for his store. He plans to increase the variety of items which are in high demand. Sakit is married and has two children. One of his goals for his business is to be able to help his children as much as he can.

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
  • 19
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    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 Sakit purchase more items to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2011
Listed
Oct 9, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012