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Anvar
Anvar I. is 56 years old. Anvar has been raising sheep for the last five years. Over the years of his activities, two of his children have become adults and now help him as well as his wife. Currently, Anvar has 15 heads of the sheep in the household which help to generate stable profits.

Now Anvar is planning to purchase more sheep and fodder for his family's business. For this purpose, he is requesting a loan of 1000 AZN. He will use it to purchase 20 sheep. This is the first loan for Anvar and he is grateful to everyone for trusting him and supporting him and promises not to let you down.

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

  • $6,171
    Average annual income
  • 48
    View loans »
    Azerbaijan Loans Fundraising
  • $14,162,625
    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 Anvar to purchase 20 sheep.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2010
Listed
Oct 17, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011