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Teymur is 40 years old and married. He has one daughter. His wife is a housekeeper. Teymur is a very popular merchant in his home city because he has been selling food products for 7 years. From this business his profit is approximately 300 AZN per month.

He usually sells different kinds of food products, such as a cookies, sweets, rice, sugar and other items. He sells products that are in very high demand among local people who use them in everyday life. His monthly profit is about 300 AZN.

Teymur wants 1,500 AZN as a loan. With this money he will expand his business. If he gets more profits, he plans to buy more products in the future.

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
  • 24
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 Teymur to buy more products to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 2, 2013
Apr 10, 2013
Currency Exchange Loss:
Aug 17, 2014