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Qoshqar M. is a 26-year-old cattle breeder who has earned a living from raising cattle since he was teenager. He's not married yet but he is responsible for his aged parents.

It should be said that the low incomes available to people in this rural area aren't enough to maintain a family and for this reason, Qoshqar works enormously hard to provide a better standard of living for his current and future family.

Qoshqar urgently needs to buy animals such as cows and calves. He's applied for a loan of 1,606 AZN. Be an important part of the growth of Qoshqar’s business as he needs to save money to get married next year.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,941,275
    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 Qoshqar to purchase two calves and a cow.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Dec 29, 2009
Nov 10, 2009
Currency Exchange Loss:
Apr 30, 2011