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Ibadet M. is a 43-year-old man who breeds calves for meat production. He lives in a small village of Saatli region and has run this business since 2000. He applied for $1100 USD to purchase one milk cow for $700 USD and two baby calves for $200 USD each. He is going to start selling milk and yoghurt to the local bazaar traders and increase his meat production business.

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.

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About Azerbaijan

  • $6,171
    Average annual income
  • 29
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Ibadet to purchase one cow and two baby calves.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
May 6, 2008
Apr 16, 2008
Currency Exchange Loss:
Dec 15, 2009