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Vugar is a 37 year old differently-abled single person who works with his father in a store. He manages a variety of products such as foodstuffs, plates, dishes, and so on. He lives and develops his career in Agsu district. Every day he sells products in his nearby market and monthly earns 100 AZN.

His aim is to increase own business, especially adding more household goods and and other products. He says that these activities will help him to increase monthly net profit.

Vugar has requested a loan amount of 1000 AZN for Agroinvest CU to purchase more stock of items in his store. He wants to increase level of sales and help his father.

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
  • 24
    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 $1,275 helped Vuqar to purchase household goods and and other products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 5, 2012
Oct 28, 2012
Currency Exchange Loss:
Nov 17, 2013