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Asgar is 43 years old, married and has three children. He is an IDP person coming originally from the city of Cabrayil. Asgar has 12 years of experience in animal breeding and he is engaged in buying and selling dairy cows. Also he raises and fattens 2 heads of cattle with calves. Seeking to expand his business even further, Asgar approached AqroInvest with a request for a loan of 1000 AZN in order to purchase cattle feed aimed at fattening and reselling the livestock. Thanks to his hard work and persistence, today Asgar's business contains 4 dairy cows and 2 calves.

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
  • 25
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
A loan of $1,275 helped Asger to purchase cattle feed.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 19, 2012
Apr 21, 2012
Currency Exchange Loss:
May 21, 2012