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Mirbala is a very courageous man, that is, characterized as someone who can manage tough jobs like raising cattle and agriculture. He's the father of three adult children and has the responsibility of supporting his family and providing them with everything that they need.

In spite of his difficult economic situation and after much time, he has been able to get ahead in his business through the purchase of cattle to breed them on his property. It's for this reason that Mirbala comes to AqroInvest CU for loans for the purchase of animals so that he may breed them. He has good loan history, and this his third loan.

He plans to buy four cattle. His greatest goal nowadays is to improve his economic situation and provide a better way of life for his family.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
A loan of $2,550 helped Mirbala to buy four cattle.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Sep 17, 2012
Oct 11, 2012
Currency Exchange Loss:
Nov 10, 2012