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Jahangir
Jahangir is a 42-year-old man, married with three children. He repairs carpentery and works in his garage. He has 15 years of experience in this field. He takes orders from his house and makes gates, doors, windows, roofs and other items from steel. His monthly income is 170 AZN. His son helps him to take orders and works with Jahangir completing items.

The main challenge in his work is to fill orders on time, and to do this, his working materials are not enough. He applied for 1000 AZN to purchase more steel to take more orders and increase his profit.

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
  • 29
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    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 Jahangir to buy more working materials to fill more orders.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2012
Listed
Jan 15, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014