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Imran
Imran is a 47-year-old man, married with two children. He is a farmer and has raised seasonal fruits and vegetables for the last 15 years. During these years he gained enough skills and experience to run the business well. He chose this crop business because it is profitable and because fresh fruits and vegetables are in high demand.

People use fresh vegetables every day and consider them healthy. Many national dishes are made of vegetables, like pilau and dolma. Fresh fruits serve every table in an Azerbaijan family and they are also used to make fresh punch. Imran usually sells his crop in the central bazaar. His monthly income is about 170 AZN.

As these products are in high demand, Imran wants to expand his business and produce more fruits and vegetables to cover the market demand. For this purpose he applied for 1,500 AZN. He will buy new garden tools, seeds and fertilizers.

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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,951,900
    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 Imran to buy new garden tools, seeds and fertilizers.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 25, 2012
Listed
Jan 17, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2014