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Cavid is 33, single and lives in the same house with his parents. He has been breeding livestock since a very young age, thanks to his father who taught him the best ways. He already has five years of experience. During these years Cavid has acquired the knowledge and skills required for the business.

He purchases lambs and calves in the central livestock market and raises them. After fattening the animals he resells them for a profitable price in the livestock bazaar. Meat is in very high demand in Azerbaijan and people use it in everyday dishes like pilau and dolma.

His business requires a lot of physical strength as Cavid spends most of his time in the open air. His brother helps him to feed the animals.

His monthly income is 200 AZN and Cavid wishes to increase it. As meat is in high demand, he needs more capital to put to his business and cover the market. For this purpose he applied for 1800 AZN. He will use the loan to obtain two cattle, two milk cows, and fodder.

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
  • 28
    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 $2,300 helped Cavid to buy two cattle, two milk cows, and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Dec 21, 2012
Feb 1, 2013
Currency Exchange Loss:
Mar 17, 2014