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Samir A. keeps two cows and this is the only financial source for this family. He has been running his business since 2008 and sells milk products to the local milk farm, and there is also a high demand for this product among the local people. Samir is married and has two sons. He usually buys small calves for a good price, fattens, and then sells them at the Livestock Bazaar in Imishli city (1 hour away from his home city) once every 6 months. Now he has applied for a 1500 AZN loan to purchase two more cows.

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
  • 19
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,900 helped Samir to purchase two dairy cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 13, 2010
Dec 1, 2010
Currency Exchange Loss:
Oct 15, 2011