Check out some available loans that are similar to this one!
Qumru is a 47-year-old woman, married with two sons. She is a market vendor and sells children's and women's clothes in the central market. She has 15 years of experience and has gained the necessary skills and experience to run her business successfully. Her husband helps her to update merchandise and sell products. The products she sells are in high demand because she has good taste and is always friendly and polite with customers. Her monthly income is 230 Azerbaijani manats (AZN).

Qumru applied for 1,500 AZN to purchase and diversify her winter clothes stock. She has a positive credit history and this will be her second loan.

Additional Information

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $10,800
    Average annual income
  • 30
    View loans »
    Azerbaijan Loans Fundraising
  • $14,344,150
    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 Qumru to purchase and diversify winter clothes.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jan 17, 2012
Feb 11, 2012
Currency Exchange Loss:
Apr 17, 2013