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Kamran is a 31-year-old man who runs a private business as a market vendor. His primary activity is selling food products. Kamran sells different kind of goods such as yogurt, sausages, candies, cookies and macaroni, and has been doing so for the last 8 years. He is responsible for his wife and three children.

His business brings a stable income of 180 AZN and his spouse helps to sell products from the shop. He would like to increase his income. For this purpose he applied for a loan of 1500 AZN which he will use to diversify and purchase more products for his shop. This will be his second loan and he has good loan 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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,919,450
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Kamran to buy more food products to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 21, 2012
Jan 11, 2013
Currency Exchange Loss:
Nov 17, 2013