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Mehman
Mehman is 50 years old, married with two children. He is a market vendor and sells food items in his shop in Agsu city. He has 12 years of experience in food selling. This is a very profitable business and Mehman would like to expand it. His monthly profit is 260 AZN. This is the only financial source (of income) in his family. He applied for 1,800 AZN to purchase more food and increase his profit.

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
  • 19
    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 $2,300 helped Mehman to purchase more food.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013