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Ilqar
Ilqar is a very hard-working man who can manage tough jobs like raising cattle and practicing agriculture. He is the father of three children and has the responsibility of supporting his family and providing for their needs. Consequently, he leaves home every day at dawn to work on his farm and to look after his cattle.

Ilqar wishes to expand his business by purchasing calves and fodder for them. This is why he is asking for a loan of 1,000 AZN. He has a good client history with AqroInvest CU.

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
  • 23
    View loans »
    Azerbaijan Loans Fundraising
  • $14,050,875
    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 Ilqar to purchase three calves and fodder for them.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 19, 2012