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Zohrab is a 46-year-old father of 2 children. He lives in Agsu, Azerbaijan and owns a small shop that sells vegetables and fruits. Zohrrab has been a client of AqroInvest since 2010. He has successfully repaid his previous 2 loans and is now requesting a third loan of 1,500 AZN to purchase additional inventory and working capital. Zohrab has been engaged in his business for over 15 years and earns approximately 350 AZN a month. He is ready to give all he can in order to send all of his children to university as he dreams of a better future for them.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
A loan of $1,925 helped Zohrab to purchase additional inventory and working capital.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Sep 17, 2012
Oct 11, 2012
Currency Exchange Loss:
Nov 10, 2012