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Khanim
Khanim I. is a 40-year-old woman who sells fruits and vegetables on the streets in the village of Saatli. She started her business in 2002 and it is her main source of income. She also works as a teacher in the local school, but her salary is too small to cover basic family needs.


She would like to expand her business and increase the number of food products she can sell. For this purpose she 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
  • 19
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Khanim to expand her business and increase the number of food products for resale.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 12, 2008
Listed
Aug 29, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010