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Tayyar
Tayyar Q., 54, is married and has four children. He lives in Imishli city and works with his family in the agricultural industry and at his petrol station business. Many years ago he decided to cultivate his land to generate more income to support his family. Now he applied for a 800 AZN loan to purchase seeds, fertilizer and one calf.

Tayyar enjoys doing this job and his monthly income is about 300-500 AZN,

With his last loan, Tayyar improved his petrol station, which he already successfully repaid.

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 $1,000 helped Tayyar purchase seeds, fertilizer and one calf.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011