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Vilayat
Vilayat is 45 years old, married and has three children. He has been working as a farmer for many years. Vilayat is involved in growing fruit trees: pomegranate, apple, pear, etc. He sells seedlings and fruits in the local bazaar. He is also involved in fattening up and selling livestock.

This is his second loan from Kiva and AqroInvest. Vilayat used his earlier profits to buy three dairy cows.

He requested a loan in the sum of 1,500 AZN for the purchase of more seeds and fertilizer to improve his soil.

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
  • 20
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    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 Vilayat to purchase more seeds and fertilizer to improve the soil.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2011
Listed
Nov 2, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012