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Malik
Malik is a 32-year-old married father with two children. He owns his grocery store and sells various foodstuffs. He established his business in this field four years ago. Malik is very hardworking and has a good reputation in his local community. He borrowed 900 AZN from Agroinvest Credit Union to import products for his store. Malik wants to grow his business and increase benefits while providing his family with better living conditions.

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
  • 16
    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 $1,150 helped Malik to import products for his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 28, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013