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Ruslan
Ruslan is a 19-year-old man who always dreamed of an education in one of the best universities in Azerbaijan. Now he is in the first years of education at Azerbaijan State University and he is very proud of himself. However, on the preliminary examination he did not reach several scores and now he is paying for his education every year.

He studies at the school of Economy and Governance and is going to be an economist in one of the local state governmental foundations. To help reach his goals, he applied for a 2000 AZN loan. He will use this loan to pay the tuition fee for FY 2012-2013.

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 $2,550 helped Ruslan to pay tuition fee.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2012
Listed
Aug 6, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014