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Ali
Ali A. is 60 years old and is married with four children. He is a market vendor, selling cosmetics and bath goods from his own market stall. Ali is already retired and his business, which he has been running for the last ten years, is his only source of income. However, it is successful enough to allow Ali to support his family and parents. Now Ali is planning to increase stock by purchasing more products. Ali 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.

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
  • 15
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Ali to purchase more stock.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 27, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 23, 2010