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Vuqar lives in Agsu, Azerbaijan. He is married and has one school-aged son. He owns a a vegetable stand in a busy market which has many clients.

Vuqar applied for a loan of 1000 AZN to purchase additional stocks of vegetables. His challenge in business is a lack of adequate capital. Vuqar hopes this loan will improve the livelihood of his family. This is his first loan from Aqroinvest and Kiva.

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
A loan of $1,275 helped Vuqar buy vegetables to sell.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 19, 2012
Apr 22, 2012
Currency Exchange Loss:
May 22, 2012