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Mazakhir A. is a married man and the father of four children. Together with his wife he has been raising cattle and sheep for more than 20 years. This produces the income which allows him to feed his children and his wife. As well as caring for his livestock, he also works as a head of the municipality of the village where he lives which helps with the family's diet and provides additional income.

Mazakhir has asked for this loan to buy one young cow and 15 sheep in order to obtain a better profit. His greatest wish is to be able to improve his farm by constructing enclosures and establishing better grazing for his cattle and sheep.

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
  • 16
    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 Mazakhir to purchase one cow and 15 sheep.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 29, 2009
Jun 1, 2009
Currency Exchange Loss:
Dec 20, 2010