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Matanat is 39, married and a loving mother of one daughter. She has been buying and selling fruits and vegetable for about twelve years. Her husband is unemployed and helps with this business too. Matanat wants to improve her standard of living by expanding her business and earning profits.

She wants to obtain a loan of 1300 AZN to purchase of a new variety of goods. AqroInvest has been a significant part of Matanat┬┤s business, having provided loans which have been used to expand the business.

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 Dostlar─▒ (Friends of Aqroinvest), and become a fan of the organization on Facebook here.

About Azerbaijan

  • $6,171
    Average annual income
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,951,900
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Matanat purchase a variety of fruits and vegetables.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Sep 14, 2011
Oct 11, 2011
Currency Exchange Loss:
Dec 15, 2012