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Mehrali is 20 years of age and is a young client. Mehrali is an IDP person (internally displaced person). He moved from the city of Fuzuli and now lives in the Bilasuvar region with his parents. He is a very positive and hardworking man.

Mehrali is a merchant; he is selling mixed goods such as toys, household goods, perfumes and jewelry. He has two years experience in this business.

As you can see from the photo, there are very few goods in his store because he does not have enough funds to buy goods. Even though it’s a small business, he has a lot of customers. Considering the customers’ demand, Mehrali wants to expand his business. For this reason he is applying for a loan of 1,800 AZN to buy new perfumes, toys and household goods for his store. He is very optimistic about this business and 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
  • 31
    View loans »
    Azerbaijan Loans Fundraising
  • $14,344,150
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $2,300 helped Mehrali to buy new perfumes toys and household goods for his store.
91% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 24, 2013
Nov 6, 2013
Currency Exchange Loss: