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Rovshan
Rovshan is 30 years old, married, and his wife is a housekeeper. He earns money selling fruit (apples, bananas, oranges, quince, persimmon, feyhoa, lemons, grapes, figs, etc.) and greens at a local bazaar. His monthly income is 300 AZN.

Azerbaijan people like fruit very much. Their demand for fruit is high because they know that fruit is useful for health. For example, if someone catches cold or cough he drinks hot milk with a dried fig to recover. Beside that, they prepare different kinds of fruit pies, juices, and cakes for daily dessert or holidays.

Rovshan applied for 1500 AZN loan to expand his small business. He wants to order vegetables from suppliers in addition to fruit and build his own little grocery in future.

This is his third loan and he has a positive client history.

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.

Tags

About Azerbaijan

  • $6,171
    Average annual income
  • 11
    View loans »
    Azerbaijan Loans Fundraising
  • $13,933,925
    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 Rovshan to order vegetables from suppliers.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2014
Listed
Feb 4, 2014
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2014