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Ali
Ali S. is married with two sons. He works in the agriculture and livestock industry. His strength in work is cultivating livestock. Ali has always been dedicated to managing livestock breeding. Even when he lost his herd of cattle during the Armenian-Azerbaijan war in 1992, he was brave enough to start the same business in his new land. Now Ali needs to invest in his livestock business by purchasing cattle to raise. For this reason he seeks support from AqroInvest by asking for a loan that will allow him to succeed in his business. With your help Ali can get ahead in his business. Lets do our best to help this brave man.

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
  • 39
    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 $2,000 helped Ali to purchase calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 28, 2009
Listed
Aug 12, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 16, 2010