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Mahammadali
Mahammadali is a 36-year-old man who raises and sells fruits and vegetables. He has seven years of experience in this field. He usually sells his crops in the central bazaar and his monthly income is 200 AZN. He applied for a 1000 AZN loan to purchase seeds and fertilizers. He wishes to increase his income and improve the life conditions of his two children.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    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 Mahammadali to purchase seeds and fertilizers.
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