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Shafiga B. is 53 years old and is married with four children.

Shafiga has been running her business for more than 15 years. She is selling women's clothing and underwear. This business is the only financial income in her family; this income is sufficient for supporting the family but not enough to improve their living conditions.

Now Shafiga has applied for a loan of 1000 USD. She plans to use the loan to increase her working capital. The generated income will be used for purchasing women's clothes for the winter season. She thanks everyone who supports her!

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 $1,000 helped Shafiga to buy more clothing inventory.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 12, 2008
Sep 28, 2008
Currency Exchange Loss:
Feb 15, 2010