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Sanan
Sanan is 44 years old and married with three children. For the past twelve years he has sold different kinds of goods such as flour, beverages, macaroni, butter and candies at his shop. He knows the market and the needs of his clients well. The food he sells is very popular and in high demand. His monthly profit is 320 AZN, the family’s sole income.


Sanan is a very successful entrepreneur because of the good location of his shop in the central bazaar. His wife helps him to purchase goods and take them to the shop. He has now applied for a 1500 AZN loan to purchase more products and diversify the range of goods he offers to cover his customers’ demands. This will be his second loan and he has a good client history.

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
  • 14
    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 $1,925 helped Sanan to buy a diverse range of products to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2012
Listed
Mar 3, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013