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Mahmud is 25 years old, not yet married. He is an IDP (internally displaced person) and lives with his parents in the Bilasuvar IDP Settlement. Mahmud is a Fuzulu refugee. He is a worker who repairs cars. He has been in this field since his childhood, and he established his own business in 2009. He has good experience in this field and employs two people. He is well-known in the neighborhood, thanks to his affordable prices. He is a very talented person.

Now Mahmud wants to take a loan because he requires new equipment and machinery in his garage. With a good loan history, he has applied for his 5th loan of 1,500 AZN. He awaits your support.

Additional Information

More information about this loan

This loan is designed for clients residing in settlements for Internally Displaced Persons (IDPs) in Bilasuvar, Azerbaijan. An internally displaced person (IDP) is someone who has been forced to flee his or her home due to armed conflict, violence, human rights violations, or natural or manmade disasters, but who, unlike a refugee, has not crossed an international border (source: UN Office for the Coordination of Humanitarian Affairs). Many of these people have failed to qualify for loans through formal channels due to low income and lack of collateral. By funding this loan, you are creating opportunities and supporting economic development in extremely underserved communities. 

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.


About Azerbaijan

  • $10,800
    Average annual income
  • 30
    View loans »
    Azerbaijan Loans Fundraising
  • $14,344,150
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Mahmud to buy new equipment and machinery in his garage.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 18, 2013
Aug 12, 2013
Currency Exchange Loss:
Jun 17, 2014