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Imran
Imran K. is 37 years old. He is married with two children. His wife is a housekeeper and Imran is a market vendor selling shoes for men in the local market. After 13 years of working at the market, Imran already has enough experience to do his work successfully. He has clients who always buy from him and now he is trying to satisfy the needs of clients with various tastes and income levels. He works very hard to give his children a good education and to cover their basic needs.


Imran is planning to increase his working capital in order to purchase new winter shoes for selling. For this purpose, he has applied for $1200. He promises to repay the loan promptly and thanks all for supporting 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
  • 14
    View loans »
    Azerbaijan Loans Fundraising
  • $14,215,400
    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 Imran to purchase new winter shoes for selling.
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