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Kamil is 47 years old. He is married and lives in the small village of Imishli. He has three children who are the apple of his eye. He is a cattle breeder. Kamil has 10 years of experience already in raising and selling cattle. During these years, Kamil has acquired the knowledge and skills required for the business.

He usually buys small calves, raises and fattens them and sells the meat in Imishli livestock bazaar. Looking after cattle is hard and requires spending a lot of time in the open air. The climate is very severe, very hot in the summer and very cold in winter. However, Kamil is not alone in his business, because his wife and elder son help to pasture and feed the animals.

His monthly profit is 250 AZN. He wishes to expand his business to improve the life of his family. For this purpose, he applied for a 1000 AZN loan. He will use this loan to purchase two cattle and fodder. This will be his 3rd loan and he has a good 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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,942,725
    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 Kamil to purchase two cows and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Nov 28, 2011
Jan 1, 2012
Currency Exchange Loss:
Jan 15, 2013