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Dashqin
Dashqin is 20 years old and full of energy. He raises cows and sells milk and dairy products. He has been in business for three years. His father helps him run the business.

Dashqin`s monthly profit is about 250 AZN. He would like to expand his business and purchase two more cows. Milk and yoghurt is popular in Azerbaijan and in high demand among local customers.

To cover market demands, Dashqin applied for a 1500 AZN loan.

AqroInvest CU has been a fundamental part of his business, having provided loans to purchase a cow. This will be his second 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
  • 21
    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 Dashqin purchase two milkier cows.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2011
Listed
Nov 11, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013