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Imamaddin
Imamaddin is 38 years old, married and the father of three children. Since ten years ago, Imamaddin has been running a store. He usually sells daily products in the store. There is tea, sugar, rice, candy, sauces, beans and other food items in his store. His wife is a housekeeper, but sometimes helps him to sell foods.

Imamaddin’s store is in the central market of Imisli. There are daily customers who come to purchase the items they need. His monthly income from the business is 250 AZN. He uses the money he gets from the store to take care of his children and also supports his relatives financially. He is person who always works hard in order to achieve more.

Imamaddin has taken a loan before Aqroinvest once. He has applied for a fifth loan of 1,300 AZN. With this money, he plans to purchase more food 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.

Tags

About Azerbaijan

  • $6,171
    Average annual income
  • 14
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Expired
A loan of $1,675 helped Imamaddin to purchase more food products.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 1, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Covered
Expired:
Jul 1, 2013