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Shahla is a 48-year-old woman from Sabirabad. She is married and lives with her two sons. She asked Kiva partner Aqroinvest for a loan to buy new refrigerators and electrical heaters for resale. She is a teacher by profession, but after her husband's death seven years ago, she decided to open an appliance store to support her family's needs. This is not her first loan from Aqroinvest. Shahla is a very honest client and has a good client history. She hopes to further grow her store and to increase her income.

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
  • 38
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    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 Shahla to buy new refrigerators and electrical heaters for resale.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 27, 2012
Aug 27, 2012
Currency Exchange Loss:
Aug 17, 2013