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Ramzi M., 26, is a young and very successful businessman in Imishli. He owns a sheep herd that he raises for meat. He is a very enterprising person, and now he is going to open a small farm consisting of cows. To start it, he needs to first purchase one cow, and for this he has applied for a loan of $900 USD from Aqroinvest CU.

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
  • 21
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Ramzi to purchase one cow.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Jul 13, 2007
Jun 27, 2007
Currency Exchange Loss:
Feb 15, 2009