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Taleh is a 27-year-old man, married with two children. He sells fruits such as pears, oranges, apples, pomegranates and bananas. Taleh has six years of experience in this field and has gained the necessary skills and knowledge required for his business.

Fruit is very popular among Azerbaijan people and in high demand during the year. People like to eat it fresh and this is one of the main desserts for guests. His shop is located in the center bazaar and people always pass his shop and come to buy fresh fruit. His monthly income from this business is 130 AZN. Taleh`s wife helps him to sell fruit.

Taleh wants to expand his business. The amount of produce he sells is not enough to cover high demand. He would like to purchase more fruits and vegetables and increase his turnover as well as improve the life of his family. For this purpose he applied for a 1500 AZN loan.

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 $1,925 helped Taleh to buy more fruits and vegetables.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Dec 24, 2012
Jan 15, 2013
Currency Exchange Loss:
Feb 17, 2014