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Murvat
Murvat is a 31-year-old man living in Bilasuvar IDP Settlement with his wife and two daughters.



He is farmer. For the last three years, he has grown and harvested seasonal fruits and vegetables, which he sells in the Bilasuvar central bazaar. His monthly income is approximately 340 AZN. His wife actively helps him to raise crops.



Murvat joined AqroInvest to gain access to financial services to thereby improve his living situation and his ability to engage in business activities. He is seeking a loan in the amount of 1,000 AZN through AqroInvest and Kiva to purchase additional vegetables to sell in his business. With the anticipated profits generated from the business as a result of the loan, he would like to educate his daughters. In the future, Murvat dreams of opening a retail shop.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    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 Murvat to purchase additional vegetables.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2012
Listed
Mar 6, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012