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Maleyka
Maleyka, 50, is on pension and is married with one son. She is a market vendor and sells different kinds of goods such as office supplies, perfumes and home products. She has 20 years of experience in this field, making her a knowledgeable and skilled person.

The products she sells are very popular. Maleyka is always friendly and polite with her customers, which makes her business successful. Her monthly profit is 250 Azerbaijani manats (AZN). As this is the family's only source of income, Maleyka's husband helps her with the business.

Maleyka would like to expand her business and purchase more merchandise and diversify the range of products she sells. For this purpose she has applied for a loan of 1,500 AZN. She has already demonstrated herself as a good client with a positive credit history and this will be her fifth 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
  • 10
    View loans »
    Azerbaijan Loans Fundraising
  • $14,235,200
    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 Maleyka to buy more office supplies to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2012
Listed
Mar 3, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013