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Nemat is 26 years old and a married man. For 3 years Nemat has been breeding cattle. Although he is young, he is a good businessman, because he works hard with great pleasure. His monthly net profit is 250 AZN. This is the second time Nemat has requested a loan for Agroinvest CU. His main purpose is to increase his number of animals and of course to get profit.
He hopes that borrowing 800 AZN from Agroinvest CU will help and ensure his local business development.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,919,450
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Nemat to increase his number of animals.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 2, 2012
Oct 28, 2012
Currency Exchange Loss:
Nov 17, 2013