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Qurban A. is a 32-year-old man who keep his own store where he has sold spare car parts since 1994. He lives and works in a small southern village of the Imishli region. He is married and has 1 daughter, looks after his parents who live with him in his house. To improve his living conditions he needs to expand his business by purchasing more spare parts to sell. For this purpose he has applied for 1200 USD.

Qurban previouosly took a loan form AqroInvest and successfully repaid it.

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
  • 14
    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 $1,200 helped Qurban expand his business by purchasing more spare parts to sell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 13, 2008
Aug 29, 2008
Currency Exchange Loss:
Apr 15, 2010