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Diqqat is a 56-year-old father and husband, who is devoted to his three children and his wife. Fifteen years ago, he decided to go into business for himself and opened a small grocery store near his home in Agsu. His business has grown and provides his customers with a tremendous variety of high quality goods. Diqqat and his wife are very attentive and offer such a wide range of goods that they have won over their customers.

This is the first time Diqqat is applying for a loan with AqroInvest and Kiva. He will be using the loan to buy groceries and beverages to expand his product inventory. Diqqat expects a boost in his business income as he expands his business. He is very thankful and promises to pay his loan back responsibly.

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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,953,050
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
A loan of $1,275 helped Diqqat to buy groceries and beverages for his store.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 10, 2012
Oct 16, 2012
Currency Exchange Loss:
Nov 15, 2012