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Shovkat is 56 years old and a divorced woman. She has a son. Together, they have been playing a major role in the development of their trade for a long time. Shovket has fifteen years experience in selling mixed products in Agsu district. Her monthly net profit is 110 AZN. They provide for consumers' needs with great pleasure.
Of course, with the 1200 AZN loan, Shovkat intends to expand her store.
This is the second time that she is taking a loan from Agroinvest CU. She wants to buy many school supplies, toys, souvenirs and other items for her store, to earn profits, continue her selling profession and also provide for consumer demands.
She believes that this loan will have a positive impact on her trade.

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
  • 17
    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 $1,550 helped Shovkat to buy new mixed products such as school supplies, toys, souvenirs and other items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 2, 2012
Oct 26, 2012
Currency Exchange Loss:
Nov 17, 2013