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Konul
Konul is a 35-year-old widowed woman and she has a two kids. Konul’s mother is also living with her and her mother takes care of her grandchildren. Konul says that whatever she does is for a better future for her children and her first wish is to give a good education to her kids. For that she works the whole day. She rents a store near her home. Konul sells food products such as sweets, sugar, tea, gum, etc. From this business her profit is 120 AZN for a month.

Now Konul needs a loan of 1,800 AZN to buy more products for her store. She has a good loan history and this is her third loan. She believes this loan will have a positive impact on the expansion of her business.

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.

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About Azerbaijan

  • $6,171
    Average annual income
  • 11
    View loans »
    Azerbaijan Loans Fundraising
  • $13,933,925
    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 Konul to buy more products for her store.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2013
Listed
Jul 15, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2014