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Abdullayeva A. is a 47 year old woman who breeds cattle. She has been in this business since 2003. She is married and has three children. She breeds cattle for meat products and cows for milk and milk products. Her monthly income is 150-200 AZN which is not enough to cover family needs. A. is requesting a loan for 1000 AZN to purchase more cattle.

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
  • 29
    View loans »
    Azerbaijan Loans Fundraising
  • $14,345,975
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Abdullayeva to purchase more cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 9, 2010
Jul 4, 2010
Currency Exchange Loss:
Jun 22, 2011