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Museyib
Museyib is a 56-year-old, married man with four children.



He runs a furniture workshop in his home city. Specifically, most of the furniture he makes is from natural wood. He explains that he has 26 years of experience in this field and many customers. He believes that he has so many customers because he always complete orders on time and provides high-quality furniture. His monthly income is approximately 120 AZN.



While Museyib's customers have placed many orders, he has insufficient materials to complete the orders at this time. In fact, he is unable to purchase such materials at this time because many of his customers prefer to pay after his work is done. As a result, Museyib is applying for a loan in the amount of 1,500 AZN to purchase additional raw materials. This would be his second loan, and he notes that he a good history of repaying his loans.

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
  • 11
    View loans »
    Azerbaijan Loans Fundraising
  • $13,933,925
    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 Museyib to complete customers' orders by purchasing additional raw (wood) materials.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2013
Listed
Feb 11, 2013
Currency Exchange Loss:
Covered
Ended:
Apr 16, 2014