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Ceyhun is a 26-year-old man who lives in the city of Agsu. He is single and lives with his parents. Ceyhun is an owner of a food-stuffs store. His father helps him in his business. This is the first loan Ceyhun received from Aqroinvest and Kiva. Ceyhun used this loan of 1000 AZN to buy more goods to sell in his store to increase sales. His business is the only source of income for his family. Ceyhun plans to open another store in the future.

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
  • 21
    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 $1,275 helped Ceyhun to buy inventory for store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 24, 2011
Jan 1, 2012
Currency Exchange Loss:
Nov 15, 2012