Leyla P. is a 32-year-old woman who has dedicated her life to cattle breeding. That is why, seven years ago, she decided to move forward with raising livestock. She began with just one cow. Every morning, she goes out early so that her beloved cows may graze among the hills all day in hopes that they return happy and satisfied.
Leyla is motivated to continue in this arduous work by the thought of her future and her parent who is under her charge. In order to succeed in her business, she and her family look to nourish the animals and keep them happy, in hopes of ultimately selling them at a good price.
However, with the support of this loan, Leyla would now like to purchase more species of livestock to increase her clientele. With your support, she will be able to accomplish her business goals, thus helping to improve her life conditions.
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.