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Saiq
Saiq, 45, sells men's and women's clothes in the central bazaar of Imishli. He has seven years of experience in this field.

He is married and has two children.

Saiq`s father helps him run the business. His monthly income is 230 AZN. Clothes he sells are very popular and in high demand. Saiq would like to increase his sales and meet his customers needs.

For this purpose, he applied for a 1500 AZN loan to purchase more seasonal clothes, to expand his business.

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 $1,925 helped Saiq to purchase more seasonal clothes.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013