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Dadaqulu
Dadaqulu is a 56 years old man who is married and has one son. He is a market vendor and sells different kind of food products in the central bazaar. Dadaqulu has 15 years of experience in this field, which makes him a knowledgeable and skilled person.

He usually sells rice, macaronis, yoghurt, ketchup, sugar and other products. The products he sells is in very high demand and people use them in everyday life. Also these products are in very high demand among local people and his monthly profit is 80 AZN. His spouse helps him to update merchandise in his shop.

This business is only source of financial income in his family and Dadaqulu would like to increase his sales as well as to cover market demand. For this purpose he applied for 2,000 AZN. He will use this loan to purchase more products.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,919,450
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Expired
A loan of $2,550 helped Dadaqulu to buy more products.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2012
Listed
Dec 5, 2012
Currency Exchange Loss:
Covered
Expired:
Jan 4, 2013