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Feride A. is 48 years old. She is married and has four children. She started her business because there was no other way to feed her family as she and her husband were unemployed. Now, she has been running her store for 10 years. She sells different kinds of goods, including kitchen equipment and accessories for girls. Feride is very dynamic and cares for her family. She tries to give her family as much money as possible to cover the school expenses of her children because she dreams that all of them will be well educated. Today, Feride wants to expand her business and to increase her working capital for purchasing new goods to sell. For this purpose, she requests a loan. She is borrowing money for the first time. Your help and support can make her closer to her dreams.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    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 Feride to purchase new goods to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 31, 2008
Oct 15, 2008
Currency Exchange Loss:
Feb 15, 2010