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Immamverdi is a married father of three children. He lives with his family the village of Agsu, where he runs a small downtown store where he sells home products. Immamverdi 's store is well-known in this neighborhood as he serves his customers well and works late hours, which is very convenient for many of his customers go shopping after they are done with their work. Immamverdi has been in this business for eight years and has good client history.

Immamverdi is requesting a 1,000 AZN loan to purchase merchandise to increase the variety of his products. He has had some struggles as his business was growing and becoming sustainable, but he has handled these challenges well and is looking toward the future with much enthusiasm and optimism.

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
  • 24
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 Immamverdi to purchase merchandise to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 14, 2011
Oct 11, 2011
Currency Exchange Loss:
Oct 15, 2012