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Samira
Samira A. is a 28-year-old woman who keeps a food store in the southern region of Imishli. She started her business in 1982. Samira supports her family, including her father and mother, who are on a pension. Samira would like to expand her food store, and to this purpose she applied for $1000.

Additional Information

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

  • $6,171
    Average annual income
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $14,045,550
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Samira to expand her business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 29, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010