Check out some available loans that are similar to this one!
Mahabbat is 57 years old, married and has five children. Mahabbat and his wife breed cattle and their livestock currently includes 20 cows and 15 calves. He also owns a plot of agricultural land where he cultivates wheat, barley and potatoes. Although both Mahabbat and his wife are retired, they work really hard to run their farm and get income from it.
With this loan, Mahabbat wants to purchase a cow as well as fuel for transporting the gathered harvest to the market. The loan is very important for him to be able to continue the expansion of his farm and generate more income. He has already taken five loans from Aqroinvest in the past. With a good loan repayment history, he has applied for his sixth loan of 2000 AZN. He waits for your support.

Additional Information

More information about this loan

This loan is designed for clients residing in settlements for Internally Displaced Persons (IDPs) in Bilasuvar, Azerbaijan. An internally displaced person (IDP) is someone who has been forced to flee his or her home due to armed conflict, violence, human rights violations, or natural or manmade disasters, but who, unlike a refugee, has not crossed an international border (source: UN Office for the Coordination of Humanitarian Affairs). Many of these people have failed to qualify for loans through formal channels due to low income and lack of collateral. By funding this loan, you are creating opportunities and supporting economic development in extremely underserved communities. 

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
A loan of $2,550 helped Mahabbat to purchase a cow as well as fuel for transporting the gathered harvest to the market.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 18, 2013
Jul 2, 2013
Currency Exchange Loss:
Aug 1, 2013