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Shamsaddin S. has raised cattle and farmed for fourteen years. With three children and the responsibility of providing food for his home, he has been able to improve his family’s financial situation thanks to the excellent care that he has given his animals.

Today Shamsaddin finds himself in need of purchasing calves to raise in order to be able to take greatest advantage of raising and selling them when necessary. For this reason he is obtaining loan in order to obtain these animals and raise them so that in time they can be used to support his family.

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
  • 11
    View loans »
    Azerbaijan Loans Fundraising
  • $13,933,925
    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 Shamsaddin to purchase four calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Nov 30, 2009
Oct 5, 2009
Currency Exchange Loss:
Sep 15, 2010