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Adigozal
Adigozal Z. is a very courageous man who can manage tough jobs like raising cattle and farming. He's the father of three children and has the responsibility of supporting his family and providing them with everything that they need. In spite of his difficult economic situation and after much time, he has been able to get ahead in his business through the purchase of cattle to breed on his property.


His greatest goal nowadays is to improve his economic situation and provide a better way of life for his family. He is requesting a second loan from KIVA and AqroInvest. Adigozal successfully repaid his first loan.

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
  • 47
    View loans »
    Azerbaijan Loans Fundraising
  • $14,162,625
    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 Adigozal purchase four calves to breed.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 30, 2009
Listed
Nov 1, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010