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Nayil
Nayil M. is 22 years old. He sells confections such as candies, cookies, pastries, and fruit jelly, as well as products such as soap, hair color, deodorant, underwear, and clothes. He has been in this business for 3 years. He lives with his aging parents who are on pensions now and responsible for his older brothers and sisters.

Nayil requests a loan of US$1200 for the term of 15 months. He is going to use the loan to purchase more items to expand his range of goods. He plans to use his income to purchase a private store, as well as to educate his children. Nayil thanks you for all of your support and promises to repay the loan on time.

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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,953,050
    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 Nayil to purchase more items to expand his range of goods.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 31, 2008
Listed
Oct 15, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010