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Yashar
Yashar is 36-years-old, married, and has two children. He runs a blacksmith shop where he makes wrought-iron gates, railings, and chairs. He has been in this business for the past 14 years and earns a monthly income of 200 AZN, which he uses to support his family members.

Yashar wants to expand his business in order to serve more customers. He wants to buy new machinery that would make him capable of diversifying his output; therefore, he is asking to borrow 1000 AZN. His hopes and dreams are to open a wholesale shop and live a stable life with his family.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,941,275
    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 Yashar to buy new machinery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 11, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2013