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Arif
Arif, who is 46 years old, lives in Agsu, Azerbaijan, with his wife and four chilldren.

He owns and manages a variety store in their village, selling grocery items and some fruits and vegetables. Arif has been in this business for 15 years.

Arif is a very hard-working entrepreneur. He asked a loan of 2,000 AZN to buy additional stocks for sale. In the future, he would like to save money to expand his business and to buy new house for his son.

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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,951,900
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Expired
A loan of $2,550 helped Arif to buy additional stocks for sale.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 20, 2012
Currency Exchange Loss:
Covered
Expired:
Sep 19, 2012