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Nargiz is a 52 year old market vendor. She is married and has two children. Nargiz sells food items, beverages, toiletries, detergents and clothes. She has had this business for the last 9 years. During these years Nargiz has acquired the knowledge and skills required for the business. She is a very friendly and polite person and has permanent clients who always come to Nargiz`s shop to buy something. Her father helps her to sell the products.

Her monthly profit is 230 AZN and he would like to increase her income. From the products she sells, the most popular are butter, macaroni, cookies and sugar and she would like to take direction and purchase more of the items to her shop. For this purpose she has applied for 1000 AZN loan.

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 $1,275 helped Nargiz to buy more food products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 27, 2012
Mar 2, 2012
Currency Exchange Loss:
Feb 15, 2013