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Nizami
Nizami G. is a 29-year-old cattleman who is married with two adorable daughters. Owing to his father, who is a farmer, Nizami has been associated with this business since he was young. He purchases the cattle in the local market and then he breeds and sells them. The cattle are kept in the house and it takes a lot of effort to care for them. Every day, Nizami gets up early in the morning in order to feed his animals - and all day, until late at night, he is busy looking after the cattle.


Nizami says that he works with only one aim in mind - to provide his children with a proper education. Nizami would now like to expand his business by purchasing two cattle. For this purpose, he has applied for a loan in the amount of $1,200 and with your help he hopes to reach his aim. Be an important part of the growth of Nizami’s business.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $14,289,125
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Nizami to purchase two more calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 29, 2009
Listed
May 17, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010