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Ofeliya A. is 52 years old, the self-sacrificing mother of two sons. Her work as an agricultural laborer together with the low income of her husband and her very low pension as a former teacher is not enough to meet her goals. Ofeliya is requesting 1600 AZN to invest in purchasing cattle that will allow her to increase her earnings. This way she will be able to finish remodeling her home in order to give her son and his new wife a place to live. Ofeliya plans to collaborate in the busisness with her daughter-in-law and her mother.

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.

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About Azerbaijan

  • $6,171
    Average annual income
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,942,725
    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 Ofeliya purchase three calves and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Feb 25, 2010
Jan 12, 2010
Currency Exchange Loss:
Jun 22, 2011