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Vasif is 31 years old. He is an Internally Displaced Person who has suffered from the war and has lost everything. He started his new livestock breeding business in Bilasuvar, where he is now living.

Vasif is married and has two children. He has a great passion for dairy farming and has been in this business together with his wife for 5 years. Vasif would like to expand his business by adding more cows to the ones he now has. This is because he has recently acquired orders from outside his town to supply milk. He is requesting a loan of 1100 AZN.

With the additional income earned, Vasif will be better able to meet his family's financial obligations, especially to pay for the future education of his children.

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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,951,900
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Vasif purchase two dairy cows and more fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
May 16, 2011
May 23, 2011
Currency Exchange Loss:
May 16, 2012