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Murad is single and lives with his parents in Imishli. He has a small grocery store which is located near his home. His family has been running the grocery store for 10 years and earns an income from this business. This is the only source of income for the family. They have a lot of customers.

Murad is 25 years old, and a young man who has a very good reputation in his community. His neighbors and his friends have a very good opinion of him. Murad requested the loan of an amount of 1,500 AZN from Kiva partner AqroInvest CU. He will use his loan to buy merchandise to stock his grocery 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
  • 42
    View loans »
    Azerbaijan Loans Fundraising
  • $13,981,775
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Murad to buy merchandise to stock his grocery store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Aug 29, 2012
Sep 15, 2012
Currency Exchange Loss:
Nov 17, 2013