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Elvin
Elvin is 24 years old man. He raises and sells fruits and vegetables.

After getting marriage he wanted to become more independent and start his own business. Three years ago, he rented a store to sell fruits and vegetables.

Elvin`s wife helps him raise fruits and vegetables, because Elvin spent most of his time in the shop.

With the store's profits, Elvin helps to support his wife and one year old son.

This is Elvin's second loan from AqroInvest and he has good client history. Now he has applied for a 1500 AZN loan to purchase more items to sell in his shop, like seeds and fertilizers.

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 Elvin to purchase more items to sell in his shop, like seeds and fertilizers.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013