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Asif
Asif is a 48-year-old man who runs a private business. He works as a driver, but his primary business is selling food products. He is a market vendor and has been selling different goods such as yoghurt, sausages, candies, cookies, and pastas for the last 8 years. He is responsible for his wife and two sons.

Asif's business brings in a stable monthly income of 200 AZN, and his older son helps him to sell products from the shop. He would like to increase his income so he has applied for a loan of 2000 AZN. He will use this loan to diversify his inventory and purchase more products for his shop. This will be his second loan, and he has 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
  • 11
    View loans »
    Azerbaijan Loans Fundraising
  • $13,933,925
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Expired
A loan of $2,550 helped Asif to buy more food products to sell.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Jul 28, 2012
Currency Exchange Loss:
Covered
Expired:
Aug 27, 2012