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Misir is a 30-year-old man who lives with his family in Bilasuvar. He keeps livestock. He has been running an animal-breeding business since 2000. The profits from this business are the only source of income for the family. Misir will increase the number of livestock in his business by purchasing cows and calves. He requested a loan in the amount of 1000 AZN to buy 3 calves. This is his first loan from AqroInvest and Kiva. Misir is a hard worker and is very dedicated. His main goal is to grow his business so his children can have better opportunities than he had.

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

  • $10,800
    Average annual income
  • 27
    View loans »
    Azerbaijan Loans Fundraising
  • $14,289,125
    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 Misir to buy 3 calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Aug 25, 2011
Sep 15, 2011
Currency Exchange Loss:
Oct 15, 2012