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Mobil
Mobil is from Agjabadi, Azerbaijan. He is 40 years old, married, and has one school-aged son. To make a living, Mobil owns and operates a business buying and selling fruits. He has been engaged in this business for over 12 years and earns approximately 300 per month from it. Mobil requested a new loan of 1000 AZN which will be used to purchase additional inventory & working capital. This loan will be the 1st loan taken out by Mobil from AqroInvest and Kiva. He plans to use the additional revenue generated from the business to improve/expand his business.

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
  • 44
    View loans »
    Azerbaijan Loans Fundraising
  • $13,976,150
    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 Mobil to purchase additional inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Dec 28, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 19, 2013