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Arzuman
Arzuman is a 57 year old man living in the town of Agsu, Azerbaijan. He earns about $200 per month selling the milk produced by his cows. He has requested a loan of 1000 AZN to purchase two dairy cows and expand his business. This will be his first loan with Aqroinvest. Arzuman's plan is to use any remaining funds from the loan to purchase food for his chickens and cows.

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

Success!! The loan was 100% repaid

A loan of $1,275 helped Arzuman to purchase two dairy cows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2012
Listed
Oct 28, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013