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Khanish K. is 58 years old and the father of three children. His wife is a housekeeper. In order to earn a living, Khanish owns a field for growing watermelon, grapes, and other seasonal fruits and vegetables. His monthly income is about 300-400 AZN.

On his farm, Khanish cannot do any planting because he does not have enough money for seeds and fertilizer. In order to purchase these items, he decided to ask for a loan of 500 AZN. Khanish counts on this planting opportunity to obtain a better yield, which will help him improve the living conditions of his family. He hopes one day to build his own shop next to his house and sell his harvest there.

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
  • 26
    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 $625 helped Khanish to purchase seeds and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 11, 2010
Sep 8, 2010
Currency Exchange Loss:
Aug 15, 2011