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Nazila S., 42, is married and has three children. The family lives in the small refugee village of Varkhankend which situated in the Saatli region.

She owns dairy cows and has been selling milk and yogurt to the local people for more than twenty years. Nazila also works as a school teacher in the local school, but her salary is very low and is not enough to feed her family. To improve their living conditions, she is requesting a loan to purchase two dairy cows and expand her business.

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
  • 24
    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 $1,200 helped Nazila to purchase two dairy cows.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jul 31, 2008
Jul 16, 2008
Currency Exchange Loss:
Feb 15, 2010