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Allahverdi is a 55-year-old man who is married and has three children. He is an IDP (Internally Displaced Person) and lives in an IDP settlement.

Allahverdi is a blacksmith and his primary business is making doors and fenders from iron. He has 15 year of experience in this field. His son helps him to take and implement orders. Allahverdi's products are very popular and in high demand, however there is lack in materials because the cost is high.

Allahverdi applied for 1900 AZN to purchase materials. This will be his second loan and he has a good client history.

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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,953,050
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,425 helped Allahverdi purchase materials for his metalwork business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 1, 2012
Nov 4, 2012
Currency Exchange Loss:
Nov 17, 2013