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Ali
Ali is a 28 years old farmer who raises and sells seasonal fruits and vegetables. He is IDP (Internally Displaced Person). He has four years of experience in farming.

Ali also works in construction as a laborer during the winter season. He is married and has three children. Ali's monthly income from farming is about 250 AZN.

Ali's wife helps him run the business. Being their main source of income, Ali is seeking financial support. For this purpose, he applied for a 1000 AZN loan. This will be his second loan and he has a positive credit history.

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
  • $13,949,625
    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 Ali to purchase seeds and organic fertilizers.
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:
Aug 15, 2012