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Azar A. is 31, married, and has two children. He has been engaged in cattle breeding since 2008. Together with his wife Azar, they have been raising one cow. He sells milk and milk products to the local people. This is the only financial source for Azars`s family and he's trying his best to cover all the needs of his beloved children. Now he has applied for a 1000 AZN loan to purchase one more dairy cow and increase his monthly turnover.

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
  • $13,992,500
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Azar to purchase one dairy cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 13, 2010
Nov 23, 2010
Currency Exchange Loss:
May 17, 2011