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Seymour
Seymour is a 37-year-old married man with two sons. His wife is a housekeeper.

He grows and sells fruits (apples, oranges, pears, lemons, bananas and etc.) and vegetables (greens, potatoes, tomatoes, cucumbers, onions and so on) at the local bazaar. His monthly income is 90 AZN. Seymour's brother helps him to grow fruits and vegetables.

Azeri people like eating delicious fruits and vegetables. Beside that, vegetables are used in preparing different soups (tomato soup, lentil soup), salads, national dishes such as roasted eggplant etc. Demand for fruit is also high. They use fruits to make fresh juice, fruit pies, and different sorts of jam.

Seymour wants to expand his business and improve his family's life condition. Therefore he applied for a 1,500 AZN loan. He will use this money to buy more fertilizers and garden tools.

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.

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About Azerbaijan

  • $6,171
    Average annual income
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,919,450
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Seymour to buy more fertilizers and garden tools.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2014
Listed
Jan 18, 2014
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2014