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Allahverdi G. is 29 years old. He began to work with land at a young age because of lack of financial resources. He grows different kinds of fruit, which has allowed him to support his family.

Allahverdi is now requesting loan of 1,600 AZN to enlarge his business and purchase seeds and fertilizer to grow more crops. This should allow him to satisfy the needs of his customers and improve socio-economic conditions for himself and his family.

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
  • 15
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 Allahverdi to purchase seeds and fertilizer to increase crop production.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Feb 25, 2010
Feb 1, 2010
Currency Exchange Loss:
Dec 21, 2010