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Nofel
Nofel B. is 34 years old. He is married with three adorable daughters. He rents a store where he sells different kinds of foodstuff and detergents. His store is very famous in his community, thus allowing him to have a good clientele. Today Nofel is requesting a loan of 1200 USD for the term of 15 months to increase his stock. He is ready to work even harder, make sacrifices and push every once in a while to achieve his goal and become a successful entrepreneur. Nofel’s main goal is to educate his beloved girls so that someday they’ll become successful entrepreneurs. 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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,951,900
    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 Nofel purchase more inventories to his store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 27, 2009
Listed
Dec 15, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 24, 2010