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Elnara
Elnara M. is 33 years old. She is a very active and passionate woman who started her business in 2001 and has become very experienced and skilled in cattle breeding. She is married and has three children.

She has applied for a loan of 1600 AZN to expand her herd. Elnara believes this will help her to generate greater revenue and, ultimately, greater profit for her family. In the future, she plans to buy additional calves and increase her income further. We hope that you will play an important role in Elnara's family life, because she deeply appreciates the trust and support lenders give her.

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

  • $10,800
    Average annual income
  • 21
    View loans »
    Azerbaijan Loans Fundraising
  • $14,289,125
    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 Elnara to purchase three cows.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 26, 2010
Listed
Dec 11, 2009
Currency Exchange Loss:
Covered
Ended:
May 17, 2011