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Arastun
Arastun A. is a 47-year-old man who owns his café in the small village of Saatli. The peak period at his cafe is during lunch and in the evenings when tired people come here to drink tea and relax after a long work day. He has more than 20 years of experience in this field as his father was running the business and Arastun then took over the business.


It is the only source of income for his family, Arastun has decided to expand his business. His café needs repairs and additional chairs and tables. To do this work and purchase these inventories, he has applied for a 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
  • 11
    View loans »
    Azerbaijan Loans Fundraising
  • $13,933,925
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Arastun to purchase chairs and tables and make repairs in a cafe.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 29, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010