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Shalala
Shalala is 43 years old and married with 5 children. She is a market vendor who sells different kinds of goods such as cookies, pastas, ketchup, tea, and candies. She has 6 years of experience in this field. Her shop located in the central bazaar, which helps to make her business successful because a lot of people visit the bazaar during the day.

Shalala's monthly income is 100 AZN, which is too small to cover the needs of her beloved children. Her husband is a builder, and his salary is not permanent. To improve their financial situation, Shalala has decided to improve her business. She has applied for a loan of 1800 AZN to restock and diversify her inventory of food products. This will be her second loan, and she has a good loan 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
  • 43
    View loans »
    Azerbaijan Loans Fundraising
  • $13,977,125
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,300 helped Shalala to restock and diversify her inventory of food products.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Jul 28, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2013