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Elnur
Elnur is a 41-year-old man, married with two children. He sells seasonal fruits and vegetables such as pears, oranges, apples, pomegranates, bananas, onions, potatoes and cabbage. Elnur has ten years of experience in this field and gained necessary skills and knowledge required for his business.

Fruits are very popular among Azerbaijan people and in high demand during the year. People like to eat fresh fruit and this is one of the main desserts for guests. His shop located in the bazaar and people always pass his shop and come to buy some fresh fruits. His monthly income from this business is 300 AZN. Elnur's wife helps him to sell fruits.

Elnur wants to expand his business. He does not have enough products to cover the 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 has applied for a loan of 1000 AZN.

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
  • 32
    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 Elnur to buy more fruits and vegetables.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2013
Listed
Feb 14, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014