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Nargiz
Nargiz is 52 years old, divorced, and has two daughters. She is a market vendor and sells different kinds of goods such as flour, beverages, macaronis, butter, and candies. She has eight years of experience and deep knowledge of the market and demand from clients.

The food products she sells are very popular and in high demand. Her monthly profit from selling foods is 100 AZN. Her daughter helps to purchase products and bring them to the shop. This is the only source of income for her family. She is a very successful entrepreneur because of her good location, in the central bazaar of her home city.

She applied for a 1,500 AZN loan to purchase more food products and to add new and varied goods to her inventory in order to meet her customers' demand. This will be her second loan and she has 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
  • 29
    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 $1,925 helped Nargiz to buy more and varied food products.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Mar 13, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014