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Elshad
Elshad is married with two children. He sells food items. His grocery store is located in a very busy place, Agsu central bazaar, which is why there are always many customers who come to buy groceries. He is a hard worker and works long days to make sure his family has everything they need. Elshad has been running this business for four years. Step by step he was able to expand his small venture.

Elshad’s business is the only source of income for his family and it is 300 AZN per month. He realizes this responsibility and is doing his best to meet the needs of his family.

Today he is requesting a loan of 1,500 AZN to purchase more foods to cover customers demand. Elshad is hoping that from the profit of his business, he can expand his grocery 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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,936,525
    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 Elshad to purchase more foods to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2011
Listed
Nov 8, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012