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Sarmast Q. has an animal husbandry business. He has secondary education but, because he does not have a specialized education, animal husbandry is the only source of income for his family. He buys calves at the market for a low price, feeds them and then resells in the same market for more profit. He has a small barn where he breeds the calves.

Sarmast is 53 years old, married and has four children. He provides the markets with meat and his family with food. Sarmast wants to buy young cattle and needs a loan of $2000 US. He is very grateful to all those who can support him.

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.

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About Azerbaijan

  • $6,171
    Average annual income
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    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 Sarmast to purchase four cattle.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Sep 28, 2009
Sep 1, 2009
Currency Exchange Loss:
Sep 15, 2010