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Natiq
Natiq, 22, studies at Azerbaijan Technology University. He entered this university in 2009 and is studying standardizing and technology machines. He is going to complete his studies in 2013. He is not working, even part time, because it is impossible due to the number of lessons and study hours. His parents pay for his education. Life is more expensive every year and to pay his education fee Natiq applied for a loan of 1400 AZN. This will help to pay tuition in advance and complete his studies successfully.

Additional Information

More information about this loan

This loan is part of Aqroinvest's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to higher education. By supporting this loan, you're enabling access to education for students with limited options. 

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 Dostlar─▒ (Friends of Aqroinvest), and become a fan of the organization on Facebook here.

About Azerbaijan

  • $6,171
    Average annual income
  • 38
    View loans »
    Azerbaijan Loans Fundraising
  • $13,960,650
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Natiq to pay last two year`s tuition.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2012
Listed
May 25, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2014