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Sanan is a 31 year old man. He is married and has two children. He has been in the business of buying and selling auto parts for six years. His family is big and it's not easy to provide for a large family.

The buying and selling of auto parts brings good profit, but because there are different makes of cars he has to buy the parts for all kinds of vehicles. His son helps him to run the business and his monthly income is 300 AZN.

Now Sanan wants to get a loan in the amount of1000 AZN to stock up on the variety of his products.

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
  • 25
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
A loan of $1,275 helped Sanan to purchase and diversify more car spare parts.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 27, 2012
Mar 2, 2012
Currency Exchange Loss:
Apr 1, 2012