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Asaf
Asaf is 43 years old and married. His wife is a housekeeper, and they have two sons.

Asaf has been growing vegetables and fruits for over ten years; his eldest son helps him. He is very hard working and passionate about his work. Asaf sells his crops in the central bazaar, making profits to support his family.

Asaf s income from the business is 200 AZN, which is only enough to cover his family's basic needs. Now Asaf needs a 2,000 AZN loan; he wants this loan to arrange a wedding ceremony for his son.

In Azerbaijan, weddings are followed by traditional singers and traditional meals. He wants a traditional wedding for his son, and this is a big expense.

He has a good credit history, and this will be his sixth loan.

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
  • 22
    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 $2,550 helped Asaf to arrange a wedding for his son.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 2, 2013
Listed
Apr 10, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2014