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Vilayat A. is one of the newly established farmers in the Saatli region. He is a 21-year-old single man. He is engaged in the business of cattle breeding. Specifically he buys calves, raises them and sells their meat and mil at the Saatli bazaar every day. Vilayat's father actively helps him in this business. He requested a loan in 2000 AZN from Agroinvest and Kiva to buy animal feed and 3 more calves. This is his first loan. His goal is to increase the number of cows to seven.

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
  • 21
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,525 helped Vilayat to buy animal feed and 3 more calves.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Dec 23, 2010
Jan 1, 2011
Currency Exchange Loss:
Jan 15, 2012