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Akif
Akif is a 55-year-old man who is making keys. He has 20 years of experience. He is married and has four children. Akif has a small shop where he makes keys and locks, which are handmade and very popular among local people. His monthly income is about 200 AZN. His son works with him. He applied for 1,200 AZN in order to improve working conditions and purchase material to make keys. Akif has already demonstrated himself as a good client with a positive credit history.

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
  • 25
    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 $1,550 helped Akif to purchase material and improve work conditions.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2011
Listed
Nov 13, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012