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Fatma is a 53 year-old farmer who raises seasonal fruits and vegetables and has three years of experience in this field. She is an IDP (internally displaced person) and lives in Bilasuvar IDP Settlement with her mother. She sells fruits and vegetables in the central bazaar and her income from this business is 400 AZN. Fatma and her mother live on a pension, which is very small, and on the profit her business generates. She would like to expand her business and for this purpose she applied for a 1,000 AZN 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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    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 Fatma to purchase seeds and fertilizer for seasonal fruits and vegetables.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 21, 2011
Jan 9, 2012
Currency Exchange Loss:
Jan 15, 2013