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Milaz is 56 years old, married and has six children! He has more than 20 years of experience in cattle breeding and dairy selling. His primary source of income is selling dairy and dairy products to the local people. His monthly income is about 70 USD and he would like to expand it to 150 USD. His dream is to save money and purchase a car one day. He says if he had a car, he could sell milk in other villages and take his dairy products once a week to the city. Now he applied for 1500 AZN, which he will use to purchase two milk cows.

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
  • 14
    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 $1,925 helped Milaz to purchase two milk cows and fodder.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 17, 2011
Sep 19, 2011
Currency Exchange Loss:
Aug 15, 2012