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Balakarim
Balakarim is 51 years old, married, and has two children. He runs a floral business, raising different flowers in his garden and selling them to the local vendors. He has 8 years of experience in this field. His monthly income from his business is 200 AZN. Now he would like to purchase more seeds and flowerpots to increase the number of flowers he sells. For this purpose he has applied for a loan of 1000 AZN.

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
  • 20
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Balakarim to purchase more seeds and flowerpots.
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