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Lala
Lala is a 48-year-old single mother. For 10 years Lala has been operating her store. She usually sells products daily. There are tea, sugar, rice, candy, sauces, beans and other food items in her store. Single-handedly she has been managing this store and believes it is fun to have good contacts with customers.

Lala’s store is in the central market of Agjabadi. There are daily customers who come to purchase the items they need. Her monthly income from the business is about 250 AZN. With the money she gets from store she takes care of her parents and also supports her relatives financially. She is a person who always works hard in order to achieve more.

Lala has taken a loan once before from Aqroinvest. She has applied for a second loan of 1,800 AZN. With this money she plans to purchase more products, because very soon there is a big spring holiday. Nowruz is coming and a lot of customers purchase goods.

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
  • $13,992,500
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,300 helped Lala to purchase more products to increase sales.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 1, 2013
Listed
Mar 15, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2014