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Sheep are raised in order to be butchered, to obtain derived products and to be used for agricultural tasks. Seymur A. has been dedicated to sheep farming for eight years. He is married and the father of two children. He makes a great effort in order to meet the needs of the children in his charge and to bring sustenance to his humble home.

His greatest need now is to buy 10 sheep and fodder for expanding his business. For this reason, Seymur turned to AqroInvest Credit Union in order to obtain a loan of $1,200 that will allow him to purchase these animals and make his business better.

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
  • 29
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    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 Seymur purchase 10 sheep and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 20, 2009
Jun 12, 2009
Currency Exchange Loss:
Dec 2, 2010