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Yusif
Yusif is a 50-year-old man who runs a private business. He is on a pension but his primary activity is selling food products. He is a market vendor who sells different kinds of goods such as yogurt, sausages, candies, cookies and macaroni. He has been doing this for the last 18 years. He is responsible for his wife and three children.

Yusif's business provides a stable income of 100 AZN. His older son helps to sell products from the shop. Yusif would like to increase his income and for this purpose he has applied for a loan of 1,800 AZN. He will use this loan to diversify and purchase more products for his shop. This will be his third loan and he has a good loan history.

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
  • 39
    View loans »
    Azerbaijan Loans Fundraising
  • $13,960,650
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,300 helped Yusif to buy more food products.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013