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Basti
Basti is a very kind and diligent woman. She is 52 years old and single. She has thirty years of experience managing a small grocery in Agsu region. This is the third time that Basti is receiving a loan from Agroinvest CU.

In conclusion, her aim is to expand her local business with a new loan of 1600 AZN (Azerbaijani Manats). With the loan she will buy various products for inventory. Her net profit will be 120 AZN. Basti hopes that she will not only get profit, but also help to improve the welfare of the community, because she plans to sell products at low prices.

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
  • 15
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,050 helped Basti to buy various products for inventory.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 1, 2012
Listed
Oct 26, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014