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Lutviyar
Lutviyar M. is 44, married with three children, lives in the small village of Saatli district, where he now works as a farmer. His main business is agriculture and livestock breeding, which provides him with the means to meet the needs of his family. Lutviyar owns a large piece of land where he cultivates different kinds of vegetables. Due to the poor quality of the soil and the insects, he is no longer able to satisfy market demand. Very hard-working, he is asking for a loan of 1000 AZN to buy seeds, fertilizer and calves. The loan will greatly improve Lutviyar’s income and his family's living standards.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,936,525
    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 Lutviyar to purchase seeds, fertilizer and two calves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2010
Listed
Sep 12, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011