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Nizam A. is 35 years old, married with two sons. He is a very wise and hard-working man. This entrepreneur dedicates himself to the sale of electrical goods such as CD and DVD players, phones, electric kettles and other stuff.

Little by little, Nizam has expanded his inventory and thanks to the good service he offers his business is growing rapidly. He says that with income from his activity he is able to provide education and food for his children. This business is the only financial source for his family.

Now Nizam needs a loan of $US1,200 which he will use to buy new inventories for his store. This will help to meet the demand of his customers and continue growing his business. He is committed to paying back this loan in 15 months. This is the time to help someone who needs it. Please do not hesitate to help improve the quality of life of Nizam's family.

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
  • 20
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,625
    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 Nizam to buy new items for his electrical goods store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 22, 2008
Oct 8, 2008
Currency Exchange Loss:
Feb 15, 2010