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Elshan
Elshan is 41 years old, married, and the father of one daughter.

Elshan is a well known fruit seller in his town. He has dedicated 10 years of his life to this activity. Elshan says, "I love my business because it is my only source of income.”

He has a need to expand his business by buying fruit trees and getting more lands for cultivation so that he can get his daughter married. Now his first goal is the fruit business, from which he takes care of the financial needs of his family.

Now it is summer time and he needs more variety of fruits because of increasing demand. He needs a 1,800 AZN loan in order to bring in more fruit stock. He has a good loan history and this is his fifth loan. He awaits your support.

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
  • 15
    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 $2,300 helped Elshan to bring in more fruit stock for the summer.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jul 12, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2015