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Khanimnaz is a 48-year-old woman who has two sons. Her husband is a laborer and her elder son is the only one helping her to grow vegetables and fruits to sell. She is a very hardworking woman and is confident that by running her business successfully, she can support both her sons to get a good education.

Khanimnaz has been growing fruits and vegetables for nine years. She believes that the service she provides is very useful to her community. She even sends blessings to her competitors who grow such fruits. Azerbaijani people often use vegetables in dishes and eat fruit for dessert.

With her son's help, Khanimnaz strongly believes her business will become more successful in the coming years. She has applied for a loan of 1,500 AZN from Aqroinvest in order to invest more in her business. This is her second loan and she has a good loan 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
  • 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 Khanimnaz to buy seeds and fertilizers.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Mar 1, 2013
Mar 18, 2013
Currency Exchange Loss:
Oct 17, 2014