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Agamahammad is the responsible father of three children. For the past 6 years he has gained experience and knowledge. He learned the honorable work of raising livestock: activities which were passed down from his parents and which today bring him satisfaction. Thanks to his valuable knowledge of the livestock trade, he has been able to obtain good results from his sales. Agamahammad buys calves and sheep on the market at a low price, feeds them and then resells on the same market at a more profitable price. His monthly profit from cattle breeding is 200 USD.

Agamahammad's wish is to invest more capital in young animals. He hopes to continue in his dedication to his work, believing that by improving his stock and feed, his livestock will bring better prices. For this reason, he is requesting the support of a 1500 AZN loan that would permit him to continue developing his business. AqroInvest has been a fundamental part of Agamahammad┬┤s business, having provided loans which have been used to purchase calves and sheep.

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
  • 72
    View loans »
    Azerbaijan Loans Fundraising
  • $14,526,825
    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 Agamahammad to purchase 3 calves and 6 lambs.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Sep 15, 2011
Oct 11, 2011
Currency Exchange Loss:
Jan 15, 2013