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Malik B. is a 38 years old farmer who owns his small business of selling dairy to local neighbors. He lives with his wife and four children in the southern region Bilasuvar, in Internally Displaced People Settlement. He started his business in 1990 and since that time it has been his only source of income. He recommends himself as a good borrower, because he already borrowed a loan from Aqroinvest and successfully paid it back. Now he applied for $800 USD to purchase one more cow and start selling milk to the local milk factory.

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
  • 16
    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 $800 helped Malik malik would like to purchase one milking cow.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 25, 2008
Jun 10, 2008
Currency Exchange Loss:
Jan 15, 2010