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Amrah
Amrah is a 39-year-old man, married with two children. He sells food products as macaroni, rice, candies, cookies, sugar and beverages in his shop. Amrah has six years of experience in this field, which makes him a knowledgeable and skilled person.

The food products he sells are very popular with people and are in high demand. His monthly profit from selling foods is 170 AZN. His wife and son help him to sell products in their shop. He is a very successful entrepreneur because of good location, in a central bazaar of his home town.

Amrah would like to increase his sales and invest additional capital. For this purpose he applied for a loan of 1000 AZN. He will purchase diverse additional foodstuffs. This will be his second loan and he has a good client 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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    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 Amrah to buy additional food products and diversify his inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 25, 2012
Listed
Jan 15, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013