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Zakir
Zakir is a 24-year-old single man who lives with his father. He is a farmer who raises fruit trees in his private garden and sells fruit (apples, pears, peaches, cherries, etc.) at the local bazaar. He has worked in this field for four years and his monthly income is 150AZN.

People like eating fresh fruit every day. They buy fruit from Zakir because they know his produce is fresh and grown without pesticides. They know that fruit grown with pesticides is harmful to one's health.

Zakir needs to expand his small business because his income doesn't cover his family’s demands. He applied for a loan of 800AZN to buy fruit tree seeds. This is his second 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.

About Azerbaijan

  • $6,171
    Average annual income
  • 14
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Zakir to buy new fruit tree seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2014
Listed
Feb 6, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015