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Shirxan
Shirxan is 28 years old and married. He is hard-working with a great desire to progress in life. His lifetime partner is a housewife, and they have two children. They live in the house he has succeeded in building, thanks to his great dedication, in a rural area.

He is one of the successful businessmen of his town. For more than two years, he has been busy selling technology items. He sells computers, DVD discs, antennas, etc.

He knows all aspects of his business very well. His experience and skill help him to develop the business and in this way improve living conditions. His brother helps him with the business.

Shirxan wants to develop the business further, but his income is small, and he needs your help and mercy. He is asking for a loan of AZN 2,000 to buy technology items and increase his working capital.

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 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.

Tags

About Azerbaijan

  • $6,171
    Average annual income
  • 17
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Expired
A loan of $2,550 helped Shirxan to buy technology items and increase his working capital.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2013
Listed
Dec 23, 2013
Currency Exchange Loss:
Covered
Expired:
Feb 21, 2014