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Kamalladin
Kamalladin is a 41-year-old man who has grown corn, fruits, and vegetables for the last 20 years. He is an IDP (internally displaced person) and lives in Bilasuvar IDP Settlement with his wife and two children. His wife actively helps him to run the business.

His monthly income from crop selling is 250 Azerbaijan New Manats (AZN). The demand in fresh fruits and vegetables is very high and Azerbaijani people use them in everyday life. Kamalladin applied for a loan of 1000 AZN to purchase seeds and fertilizer as well as working tools.

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
  • 29
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    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 Kamalladin to purchase seeds, fertilizer, and farming implements.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012