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Farqana is married, 48 years old, and has 2 sons. She has a shop where she sells various items, such as plates, cups, vases and porcelain items. She has been running this business for 20 years. She gets support from her husband in the shop. Farqana is a good saleswoman, because she has dedicated herself to this business from her youth.

Farqana's shop is in the central bazaar. Here she has customers who purchase these products, according to their tastes. In Azerbaijan families like to decorate their houses with such glass items. Especially newly married couples purchase a variety of these products to furnish their guest rooms.

Farqana has taken four loans from AqroInvest previously. This time she requires 2000 AZN in order to buy the latest sets of glass products like plates, vases, bowls, etc. She wants to expand her business in future and supply neighboring towns with those products.

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
  • 29
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    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 Farqana to purchase latest sets of glass dishes, bowls, and vases for her shop.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 15, 2013
May 1, 2013
Currency Exchange Loss:
May 17, 2014