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Almaz is a farmer from Agsu. She is 56 years old and lives with her three children. Almaz is a widow. Her family is very close and they support one another.

Almaz and her son run an agricultural business. They own a plot of land where they grow fruit and vegetables. They sell vegetables and fruit in nearby villages. Almaz requested a loan for purchasing fertilizers and additional vegetables and fruit for sale. She has a good credit history and good morals. Her previous loan did her good, as through it she has gotten the economic resources she needed. She is certain that she will pay off the debt and at the same time give her family a better life.

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
  • 15
    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 $650 helped Almaz to purchase additional vegetables and fruit.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 23, 2012
Aug 17, 2012
Currency Exchange Loss:
Jul 17, 2013