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Khakim is 34 years old, married and makes a living by selling mobile phones and Sim cards. He also helps set up new devices and repair existing ones. He has been in this business for three years and earns about $250 a month. Khakim tries to use modern up-to-date technologies to satisfy his customers' demands and requirements. He is applying for a loan for 800 AZN to buy more Sim cards to sell and to improve his store.

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 $1,025 helped Khakim to buy more phones to sell to his customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 15, 2011
Oct 11, 2011
Currency Exchange Loss:
Jun 19, 2012