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Azad is a 30-year-old married man. He is blessed with two daughters, who go to a local secondary school. Azad and his family live in a small settlement built for refugee families, in Bilasuvar district. He fled to Bilasuvar from Nagorno-Karabakh in the beginning of the 1990s.

The family's budget depends mainly on the income from the cattle-breeding business that Azad started in 2003. Nowadays he earns about 350 AZN a month through selling dairy and meat products in the local bazaar. With the help of this first loan in the amount of 1200 AZN, Azad purchased three cows. He thanks you for your support.

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
  • 26
    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 $1,525 helped Azad to purchase three cows.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
May 20, 2011
May 31, 2011
Currency Exchange Loss:
May 16, 2012