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Azer is a 37-year-old man who has been engaged in livestock breeding for the last six years. He buys calves, raises and fattens them, and then resells grown cattle in the central Bilasuvar bazaar. His monthly profit is about $150 and he wishes to increase it to $300. He would like to purchase more livestock, and for this purpose, he needs a 1,000 Azerbaijani New Manat (AZN) loan. Azer promises to pay it back in an accurate manner.

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
  • $13,991,525
    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 Azer to purchase three calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 28, 2011
Aug 28, 2011
Currency Exchange Loss:
Jul 15, 2012