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Mehman
Mehman is a 38-year-old man living in Agsu, Azerbaijan. He is married and has two school-age sons. He sells spare parts for mobile phones, and opened a shop in 2002. His goal is to expand his business, which is the only source of income for his family. Mehman has applied for a loan of 1500 AZN, which would allow him to increase his cash flow and renovate his store.

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
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Expired
A loan of $1,925 helped Mehman to buy new phones and renovate his store.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Covered
Expired:
Nov 30, 2012