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Ali I. is a 53-year-old entrepreneur who breeds calves for sale and has 15 years of experience in this field. Ali is married and has six sons! He dedicated his life to bring them up and now he is retired and calf breeding is the only financial source for his family. Receiving very low pension, Ali does his best to provide his youngest son (who is living with him) and his wife with better living conditions. He would like to purchase three calves and fodder in order to increase his income and improve his living conditions. Let's wish good luck to this hardworking man!

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 $2,000 helped Ali to purchase three calves and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
May 18, 2009
May 1, 2009
Currency Exchange Loss:
Sep 15, 2010