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Parviz is a 19-year-old student of Azerbaijan Technology University. He is taking his first year of education in the faculty of Manufacturing Product and Expertise.

He is not working and his father and mother have already paid for the first year of education. Parviz`s father lost his job recently and Parviz took a loan to pay the education fee for the second and third year. He applied for 1,400 AZN.

The main advantage of loan is that it will be easier to pay by his family and that in Azerbaijan, next year's fees have to be paid a year in advance.

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
  • 24
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 Parviz to pay tuition fee for university.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 3, 2012
Jun 2, 2012
Currency Exchange Loss:
Jun 17, 2014