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Xatgul is a 50-year-old wonam and the lovely mother of three children. She is a hard-working businesswoman who runs a clothing business. Xatgul offers dresses, pants, and underwear. Xatgul has been operating the business for last five years. This is her first loan from AqroInvest and Kiva. She plans to use the loan to buy more clothing material. The extra income from this loan will allow her to improve her standard of living. In the future, Xatgul plans to enlarge her store.

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 Xatgul to buy more clothing material.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 23, 2012
Aug 15, 2012
Currency Exchange Loss:
Jul 17, 2013