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Feride N. is a 55 year old woman who breeds cattle in the small village of Saatli. She is married and has three children. Feride applied for 1000 AZN in order to purchase more cattle and sheep. Her primary customers are local butchers. Once a month her husband takes animals for sale to the livestock bazaar. Feride wishes to improve her life conditions and to increase her income with this loan.

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
  • 14
    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 $1,250 helped Feride to purchase four sheep and one cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 9, 2010
Aug 6, 2010
Currency Exchange Loss:
Jul 15, 2011