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Mensim
Mensim is 30 years old. He has had a grocery store for five years. He opened his store in 2006 because the neighborhood did not have this type of business. Mensim started with a small amount of capital. He sells milk, eggs, pasta, sugar, and other products.

Mensim is requesting his first loan from AqroInvest for 800 AZN, which he will use to buy supplies for his store. His dream is to own a store adjacent to his house and expand his 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 Dostları (Friends of Aqroinvest), and become a fan of the organization on Facebook here.

About Azerbaijan

  • $6,171
    Average annual income
  • 43
    View loans »
    Azerbaijan Loans Fundraising
  • $13,977,125
    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 Mensim to purchase supplies for his grocery store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2011
Listed
Nov 2, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012