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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 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
A loan of $2,550 helped Shirxan to buy technology items and increase his working capital.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Dec 18, 2013
Dec 23, 2013
Currency Exchange Loss:
Feb 21, 2014