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Hasil is 26 years old, married and has a 2-year-old daughter. Hasil is the only breadwinner for his family. He has worked as a dentist for three years and he now needs a loan of 1000 AZN to buy necessary medicines and instruments for his profession. Hasil wants to improve his business by increasing the number of his clients so as to increase the income from his practice. He thinks that this expansion of his dental clinic will improve living conditions for his family.

Additional Information

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $10,800
    Average annual income
  • 85
    View loans »
    Azerbaijan Loans Fundraising
  • $14,526,825
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Hasil to buy necessary medicines and instruments.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 5, 2012
Oct 23, 2012
Currency Exchange Loss:
Nov 17, 2013