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Solmaz

Solmaz M. is a married mother of five children. She has spent all her life in touch with the land, since her parents and grandmother taught her how to farm. Agriculture and livestock are her passions, and she is highly motivated as these are the source of livelihood for her family.



Her husband is also a farmer and helps her with the business. She raises young calves until they have grown enough to be sold. She nurtures her animals with such care that she has a name for every animal. She would like to expand her business and purchase more young cattle. To reach her aspirations, Solmaz calls out to your generous hearts to receive the loan that she is requesting.

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

  • $6,171
    Average annual income
  • 31
    View loans »
    Azerbaijan Loans Fundraising
  • $14,140,275
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Solmaz to purchase three heads of cattle.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 29, 2009
Listed
May 17, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010