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Svetlana is a businesswoman who sells furniture and household appliances for cash and on credit. She started this business four years ago with a variety of products.

Svetlana hopes to receive a loan from AqroInvest so that she can invest in more products to increase her sales. This is her third loan from AqroInvest. With this new loan, in the amount of 2,000 AZN, she will buy two wooden double beds. This will enable her to sell them to her customers at a good price.

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
  • $13,942,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
A loan of $2,550 helped Svetlana to buy two wooden double beds.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Sep 17, 2012
Oct 11, 2012
Currency Exchange Loss:
Nov 10, 2012