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Mahbuba
Mahbuba is a widow with 2 daughters. She lives and runs her business in Agsu region. Mahbuba rents a facility that serves as a grocery store. She sells food items, as well as household chemicals and other small items. Mahbuba decided to try her luck as a private entrepreneur eight years ago when her husband died. Currently, her net monthly profit is 350 AZN.

Mahbuba requested a loan of 2000 AZN to purchase a batch of goods wholesale, i.e. tea, coffee, sugar, etc. This is her third loan from AqroInvest. One of her long-term plans is to purchase the facility she is renting at the moment and own it.

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 $2,550 helped Mahbuba to purchase a batch of goods wholesale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2012
Listed
Oct 9, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013