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Faiq A. is a 33-year-old, very experienced and popular dentist. He started his business as soon as he finished the university and over the last 11 years, he has gained respect and very good reputation among local people. Faiq is married and has 4 children, and he really cares about their future education and has started to save money from his income. He believes one day, one of his children will become a dentist and continue his business.

Right now Faiq has applied for 2000 USD as a loan to improve his working conditions and purchase new dental equipment. Faiq is a trusted client of AqroInvest with a successful loan history.

Additional Information

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $10,800
    Average annual income
  • 27
    View loans »
    Azerbaijan Loans Fundraising
  • $14,860,125
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Faiq improve working conditions and purchase new dental equipment.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 29, 2009
May 17, 2009
Currency Exchange Loss:
Oct 15, 2010