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Nigar K., age 42, is engaged in vegetable farming, a traditional occupation for many people living in the southern part of Azerbaijan. She and her husband have two children. She chose to enter this kind of work because neither she nor her husband have been able to find steady employment, so they decided to make use of the fairly large amount of land surrounding their house. In this way, they manage to support the family.

Nigar has garnered a good amount of experience growing and selling produce, and she wants to grow more vegebles so as to generate more income for her family. She is requesting a loan to buy mineral fertilizer and seeds so she can expand her business.

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
  • 45
    View loans »
    Azerbaijan Loans Fundraising
  • $13,976,150
    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 Nigar to purchase seeds and mineral fertilizer.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 29, 2011
Apr 30, 2011
Currency Exchange Loss:
Jul 15, 2012