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Mahir
Mahir Z. is 37 years old. He and his wife raise two children who are studying in school. For the last eight years Mahir has been selling jewelry. Mahir sells oriental style jewelry items. The earrings are very beautiful and people trust Mahir as he is very honest when assessing prices and quality. Mahir`s dream is to build his own shop because rent price is very high.

Mahir wishes to expand his business by increasing his supplies of newer, more modern jewelry items. For this purpose he has applied for a loan of 1200 USD.

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
  • 18
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    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 Mahir to purchase newer, more modern jewelry items for resale.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 25, 2009
Listed
Feb 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 1, 2010