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Javid
Javid is a 31-year-old man. He is single and lives with his parents. Javid has been selling phone accessories for the last four years. He is very experienced in his business and knows well where to buy merchandise for a low price.

Javid usually brings phone accessories in from other cities and buys them in wholesale markets for a low price. Then he resells them for a more profitable price in his home city. He is very friendly and has already gained some permanent clients. His father helps him to bring in new goods from another city. Javid`s monthly income is 200 AZN per month and he wishes to increase it to 400 AZN.

Javid has applied for a loan of 1200 AZN in order to purchase more phone merchandise and increase his sales since this type of product is very popular. He wishes to save some money for his upcoming wedding party.

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
  • 15
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Expired
A loan of $1,550 helped Javid buy phone accessories.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Covered
Expired:
Mar 2, 2012