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Shahin F. is a 37-year-old farmer who owns a small business in the southern part of Azerbaijan, Saatli region. He breeds sheep and sells them to local people and bazaar traders. He has 7 years of experience in this field. Shahin is married and has one son and two daughters. Shahin is an IDP and it is difficult to support his big family and cover all their needs. As spring is season for weddings and he anticipates a greater demand, he would like to expand his herd and purchase 15 sheep for and fodder. For this purpose he is applying for a loan of $1200.

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.

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About Azerbaijan

  • $6,171
    Average annual income
  • 29
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Shahin to purchase fifteen sheep for his herd.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jan 31, 2008
Jan 16, 2008
Currency Exchange Loss:
May 15, 2009