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Naila is a 42-year-old woman. She is a widow and raises two children alone. After her husband’s death, she was left without any financial support because she always was a housewife. This brave and very hardworking woman found strength to continue her life and start her own business. She owned money from her friends and relatives and opened her market.

She is a market vendor now and has been selling different kinds of goods such as cookies, macaroni, ketchup, tea, and candies for the last ten years. Her shop is located in the central bazaar, which makes her business successful because a lot of people visit the bazaar during the day.

Her monthly income is 130 AZN, which is too little to cover the needs of her beloved children. To improve her financial situation, Naila decided to improve her business first. She applied for 1,500 AZN to purchase more food products and to diversify.

This will be her second loan. She 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 Naila to buy more food products to diversify her products and increase her income.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 4, 2012
Oct 23, 2012
Currency Exchange Loss:
Feb 17, 2014