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Shaiq Q. has a little shop where he sells different kind of food and goods for the home. He started his business 1995. Shaiq is married and has 5 daughters. He loves his daughters and wishes to give all of them the best education he can. He is a very cheerful person, and he is always glad to meet anyone who comes into his shop. All his clients are satisfied with his service. Shaiq tries to make his assortment of food products more competitive. In the near future he dreams of expanding his business and buying more foodstuffs. Right now, however, he is requesting 1200 USD. This loan will be an important part of the growth of Shaiq’s 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
  • 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 $1,200 helped Shaiq purchase more food inventory to resell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Feb 25, 2009
Jan 13, 2009
Currency Exchange Loss:
Jun 28, 2010