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Nazila H. is 42 years old and lives with her husband and two children in Bilasuvar. Both of her children attend school. For the past seven years, she has operated a cattle-breeding business, breeding animals and selling dairy products to her neighbors. This business is the primary source of income for the family.

Nazila approached AqroInvest and Kiva to request a loan of 1000 AZN to purchase two dairy cows. Nazila is very thankful, because she believes the profit she will make from this business will allow her to improve her house and living conditions for her family.

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
  • 24
    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 $1,275 helped Nazila to purchase two cows.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Feb 17, 2011
Mar 19, 2011
Currency Exchange Loss:
May 16, 2012