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Javanshir
Javanshir B. is 57 years old. He is married and has six children. Due to the lack of employment options in his country, it was difficult for Javanshir to find work and support his family. Therefore, six years ago, he decided to start his own business selling men's shoes. Step by step he has been able to expand his inventory and, thanks to the good service he offers, his business is now growing rapidly.


Currently Javanshir needs a loan of $1200 which he will use to buy additional merchandise to meet the demand of his clients and to continue expanding his sales business. Let's support him!

Additional Information

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $6,171
    Average annual income
  • 34
    View loans »
    Azerbaijan Loans Fundraising
  • $14,042,275
    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 Javanshir to buy additional merchandise to meet the demand of his clients.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 22, 2008
Listed
Oct 8, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010