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Almaz
Almaz A. is a 53-year-old happy father of four children. For eight years, he has been selling spare parts for cars. Almaz wishes to increase his business by offering various types of spare parts for his customers who are permanent clients.

He works to provide his children with all necessary daily things and teaches them the best practices from his experience. He believes one day his small business will transform into a big family business. To reach his goal he has applied for a $1200 USD loan.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Almaz to increase his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 12, 2008
Listed
Sep 27, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010