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Vusal
Vusal is 31 years old. He is married with two children. Vusal sells detergents in the central local market. He has been in this business for 10 years. This kind of product is very popular among local people. His monthly income from selling detergents is about 250 USD. Considering the constant demand for this kind of goods, Vusal's business is quite successful and brings a stable income for the family. Today, Vusal requests 1,500 AZN to purchase more items with the purpose of increasing his range of goods to sell. This will be his second loan from AqroInvest.

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
  • 15
    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 $1,925 helped Vusal to purchase more items to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2011
Listed
Oct 14, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012