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Etibar is from Sabirabad. He is 43 years old. Etibar is married with five children. To make a living, Etibar owns and operates a general store, selling a variety of different products such as tea, candies, diapers, etc. in the local community. Etiabar has been engaged in his business for over 15 years and earns 250 Azerbaijani manats a month from these activities. He hopes to expand soon, just as he fervently hopes that his daughters will be able to graduate one day and finish their studies. Etibar requested a 1,500-manat loan to buy more quantities and varieties of products to expand his inventory. This is his first loan from AqroInvest and Kiva.

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
  • 16
    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 Etibar to buy a variety of products.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Nov 28, 2011
Jan 1, 2012
Currency Exchange Loss:
Jan 15, 2013