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Qorkhmaz
Qorkhmaz A. has always been a hard-working man who has made sure, from a young age, that his family never goes without their daily bread. He is married with two daughters. He has a grocery store where he sells different kinds of foodstuffs such as sweets, soft drinks, juices and other items.


Qorkhmaz began this enterprise five years ago in order to support his family and parents. To this date, he is the only support for his parents.


Today Qorkhmaz needs to buy additional foodstuffs to increase the range of goods he sells. With this purpose in mind, he is requesting a loan of $US1,200. He is ready to work even harder and make sacrifices to achieve his goal and become a successful entrepreneur. We believe his perseverance and clear vision will become key success factors in his small business.

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 $1,200 helped Qorkhmaz to buy additional foodstuffs to increase the range of goods he sells.
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