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Karim is a 24-year-old man who is single and lives with his parents. He makes and sells plastic and wooden doors and windows.

With the help of AqroInvest, Karim opened his workshop after he graduated from university. His father taught him how to make doors and windows and Karim continues the family business. He usually takes orders and sells windows and doors from his workshop. His monthly income is 230 AZN. He applied for a loan of 1500 AZN to purchase new tools and materials. This will be Karim's second 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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    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 Karim to buy new tools and materials.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Sep 9, 2012
Oct 14, 2012
Currency Exchange Loss:
Nov 17, 2013