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Babek
Babek, 37, is married and has three children.

Three years ago he decided to cultivate the land he owned. He did so to generate more income so he could support his family.

Babek grows wheat, corn, seasonal fruits and vegetables, which he carefully tends so that he can produce a full, healthy harvest.

He will use the loan of 1,000 AZN to buy seeds and fertilizer that will enable him to improve his yield. Babek enjoys doing this job and that's why he will continue to use loans so he can improve his farm and become a better farmer.

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
  • 15
    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 $1,275 helped Babek to purchase seeds and organic fertilizers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2011
Listed
Nov 8, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012