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Farkhad A. is 46 years old. He is married with two adorable sons. Farkhad is a vendor in the central local market. He sells dishes and plates of the Oriental style, along with electrical items such as irons, kettles, mixers, and so on. Farkhad has been in this business for eight years already, and his business is successful enough to enable him to support his family and his parents. Because his wife is currently unemployed, Farkhad's business generates the main income.

Now Farkhad is planning to increase his stock by purchasing dishes and plates wholesale. This products are very popular. With this purpose in mind, he is requesting 1200 USD for a term of 15 months. Farkhad thanks everyone for supporting him 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.

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About Azerbaijan

  • $6,171
    Average annual income
  • 39
    View loans »
    Azerbaijan Loans Fundraising
  • $13,976,150
    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 Farkhad to purchase dishes and plates to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 27, 2009
Mar 18, 2009
Currency Exchange Loss:
Aug 24, 2010