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Samir
Samir A. is 30 years old and he works as a farmer. He is married and has two sons. His main business is farming and cattle breeding, which provide him with the means to meet the needs of his family. He is very experienced and has the special skills in livestock care that help him to develop his business. He raises and sells livestock and also sells meat and milk.

Samir is requesting a loan of 2,000 AZN to enable him to purchase more cattle. The loan will greatly improve Samir’s income and his family's living standards.

Additional Information

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $6,171
    Average annual income
  • 64
    View loans »
    Azerbaijan Loans Fundraising
  • $14,162,625
    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 Samir purchase five calves and fodder.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012