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Muslum is 46 years and has a family consisting of a wife and two sons. He is selling stationery in his shop. He has selling experience from the past 16 years. Previously he used to sell different products in his shop. Now he is focused only on selling items for schoolchildren and students. Muslum is running the business with the support of his wife. He has a shop in the central bazaar.

Muslum has good sales, due to his location near schools and other educational centers. Soon, in September when schools open, more school items are going to be purchased.

Muslum has taken three loans from AqroInvest previously. Now he requires a loan of 2000 AZN. With this money he plans to purchase more items for the new semester, when pupils and students return to attend schools and colleges.

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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,953,050
    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 Muslum to purchase more stationery for preparation of new semester sales.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 15, 2013
May 1, 2013
Currency Exchange Loss:
May 17, 2014