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Sanan
Sanan is a 48-year-old market vendor who has been selling cosmetics for the last 14 years. Sanan is married and has two sons. His wife actively helps him to run the business, and they have a lot of customers. His business brings in a stable income of 200 Azerbaijani manats (AZN). This is the only source of finances for his family. Sanan would like to expand his business and buy additional merchandise. For this purpose, he applied for a 1500 AZN loan.

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
  • 42
    View loans »
    Azerbaijan Loans Fundraising
  • $13,981,775
    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 Sanan to purchase more merchandise to increase his income.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2011
Listed
Nov 13, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012