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Teymur N. is 21 years old. In spite of the fact that he does not yet have his own family, he is supporting his parents.

Teymur sells different kinds of foodstuffs and has been in this business already for four years. This activity generates the main income for the family.

As long as Teymur is very popular in the market by selling fresh and tasty pastries, he tries to maintain a wide range of goods. Thus, today, he requests 1607 AZN to increase the variety of goods that he sells.

With your help, Teymur will be able to make his business succeed and, in the nearest future, to have his own family.

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
  • 24
    View loans »
    Azerbaijan Loans Fundraising
  • $14,856,925
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,025 helped Teymur to increase the variety of goods he sells.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Nov 30, 2009
Oct 11, 2009
Currency Exchange Loss:
Sep 15, 2010