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Firudin M. is a dedicated husband and successful father of four children. His eldest child is studying at university and the youngest at elementary school. Firudin began a small grocery store more that 15 years ago, using savings that he earned as a carpenter as his small capital. He was assisted by his wife who helps him serve the customers. Today his clientele has grown and his grocery store has become more popular. He is asking for a loan so that he can expand the variety of goods that are sold in the store. Firudin is very grateful to everyone who helps him achieve business success with this loan.

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 $1,225 helped Firudin to expand the variety of food goods sold in his store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 27, 2009
Mar 24, 2009
Currency Exchange Loss:
Aug 24, 2010