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Latifa is a 55-year-old married woman. She has three children. Five years ago, together with her husband, Latifa decided to open a general store. This business allows them to generate the income that they need. This is her first loan from Aqroinvest and Kiva, and she requested a loan in amount of 1000 AZN to buy a range of new products, such as foods and beverages, to restock her general store with. She hopes that this loan will assist her in increasing the size of her store and sales. It will also help her to improve her living conditions. This business allows her to generate the income that she needs. Latifa gives her thanks in advance for the support given.

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 Dostlar─▒ (Friends of Aqroinvest), and become a fan of the organization on Facebook here.

About Azerbaijan

  • $6,171
    Average annual income
  • 15
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 Latifa to buy a range of new products to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 26, 2012
Aug 25, 2012
Currency Exchange Loss:
Aug 17, 2013