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Tahir S. is a 34-year-old farmer who sells dairy products. He is a local farmer and lives with his wife in the southern region of Imishli. He has seven years of experience in selling milk, and making and selling yogurt. He likes his job and is very polite with every purchaser. Sometimes orders for dairy products are very high, like for 10-15 liters of milk. However Tahir's one cow gives only 5 liters of milk in a day.

Money that he has from selling dairy products just enough for food, so to expand his business he needs more funds. For the purpose of expanding his business he applied for 1200 USD to purchase one more milk cow for the estimated price of 700 USD, and for two calves, each for 250 USD.

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
  • 44
    View loans »
    Azerbaijan Loans Fundraising
  • $13,976,150
    Funds lent in using Kiva
  • 0.9
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Tahir going to purchase one cow and two calves.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Dec 19, 2007
Dec 5, 2007
Currency Exchange Loss:
Jul 15, 2009