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Gunduz, 52, is married and has three sons. He has 5 years experience in business trading. He always tries to expand his field. Therefore Gunduz borrowed 1800 AZN from Agroinvest CU to buy new foodstuffs which is useful region customers. He manages his grocery store with courage. Gunduz earns about 150 AZN monthly net profits. This is his second loan. He appreciates the support and hopes that after repaying this loan and he will request another access.

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
A loan of $2,300 helped Gunduz to buy new foodstuffs.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 1, 2012
Oct 28, 2012
Currency Exchange Loss:
Nov 27, 2012