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Nazaket is 52 years old and the mother of two sons. She is a very hardworking lady because for 15 years she has grown fruits and vegetables in her yard and sold them in the bazaar. In this business her son also helps and from this business her monthly profit is 100 AZN. She also teaches pupils at school.

In Azerbaijan, fruit is in very high demand and people like to eat fresh fruit a lot. Besides her fruit, she also sells flowers. Nazaket is really optimistic about the future, regarding the expansion of her business, in order to raise the standard of living of her family.

For this, she has applied for a loan of 1,900 AZN. Nazaket has already taken a loan from Aqroinvest before. She is considered a good customer and this is her second 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
  • 16
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,425 helped Nazaket to buy fertilizer for trees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 4, 2013
May 17, 2013
Currency Exchange Loss:
Mar 17, 2014