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Namiq
Namiq is a married man with two sons. The oldest child is 26 years old and married and the youngest is 19. Namiq's wife is a housewife. He has had a variety store business for over 20 years. He sells items like sugar, vinegar, coffee, and canned goods to the people in his community. He works hard to help provide their household needs.

Namiq requested his second loan of 1,500 AZN to buy more items to sell, such as noodles and canned goods, and to buy home supplies for his family. In the future, Namiq hopes to open a new store.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    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 Namiq to buy more items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012