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Elmira is a 53-year-old, hardworking, married woman. She lives in Sabirabad with her husband and four children. All of them are adults. Elmira and her husband have been engaged in cattle breeding for more than twenty years. This business is the only source of income for her family. She buys a calf, looks after it for two-three months, and sells it in the local market. This is her first loan from Aqroinvest and Kiva.

Elmira requested a loan in the amount of 1000 AZN to purchase several head of cattle. She will invest the earnings from the loan into a continued development of her business.

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
  • 27
    View loans »
    Azerbaijan Loans Fundraising
  • $13,951,900
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Elmira to purchase several head of cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 27, 2012
Aug 28, 2012
Currency Exchange Loss:
Jun 17, 2013