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Sakhavaddin is a 49-year-old man who sells fruits and vegetables as well as greens in the central market of Agsu. He has five years of experience in this business. His monthly income from this business is 250 AZN. He is married and has three children. Sakhavaddin has already demonstrated himself as a good client with a positive credit history. Now he has applied for a 1500 AZN loan to purchase more food products and build a shop because sales in the open air in winter is very hard.

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
  • 14
    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 $1,925 helped Saxavaddin to purchase more food products to sell in his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 18, 2011
Dec 1, 2011
Currency Exchange Loss:
Jan 15, 2013