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Islam, age 48, makes wood doors and windows. He has 25 years of experience in this field.

Islam and his wife have four children.

He has applied for a 1,500 AZN loan in order to expand his business and improve his family's standard of living. He intends to purchase building materials so that he can meet the high demand for his products.

Additional Information

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $10,800
    Average annual income
  • 69
    View loans »
    Azerbaijan Loans Fundraising
  • $14,505,725
    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 Islam to purchase building materials so that he can meet the high demand for his products.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 7, 2011
Nov 10, 2011
Currency Exchange Loss:
Jan 15, 2013