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Ipaknaz
Ipaknaz is a 55-year-old married woman with three children. She is a market vendor and sells different kinds of goods such as flour, beverages, macaronis, butter and candies. She has ten years of experience and has deep knowledge of the market and demand of clients.

The food products she sells are very popular among the people and are in high demand. Her monthly profit from selling food is 230 AZN. Her husband helps to purchase the products and bring them to the shop. This business is the sole financial income for the family. She is a very successful entrepreneur because of the good location of her shop, in the central bazaar of her home city.

Ipaknaz applied for 1000 AZN to purchase more food and diversify her range of goods to cover customers' demand.

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
  • 32
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    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 Ipaknaz buy food products.
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:
Jan 15, 2013