A loan of $2,025 helped to diversify his inventory and enlarge his store.


Oqtay's story

Oqtay Q. is a 56-year-old man living in Sabirabad. He is married and has three sons aged 23, 22 and 19. Oqtay owns and runs an electrical goods and destined-for-dowry (housewares) store. He mainly sells to the local community.

Oqtay has been in the trading business for over ten years and earns approximately 500 AZN per month. He successfully repaid a prior loan taken out from AqroInvest. Oqtay is a hard-working man and wants to expand his business and earn more income. For this reason, he requested a new loan of 1,600 AZN from AqroInvest and Kiva. He used this loan to diversify his inventory and enlarge his store. Oqtay plans to use all of his profits to improve and expand his business.



Loan details


Lenders and lending teams



Loan details