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Tural is a hard-working farmer because he knows that the only way he can support and provide for his loved ones is through hard work and dedication. He is married and has 2 children. Consequently, he leaves home every day at dawn to work on his farm and to look after his cattle. Tural sells mature livestock in the central bazaar once every 4-5 months. He also sells dairy products to the local people. This business provides only one source of financial income in Tural's family so he wishes to expand his business by purchasing calves and fodder for them. This is the reason that he is asking for a loan.

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
  • 11
    View loans »
    Azerbaijan Loans Fundraising
  • $13,933,925
    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 Tural purchase two calves and fodder.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 24, 2011
Oct 1, 2011
Currency Exchange Loss:
Aug 15, 2012