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Azer A. is 39 years old and a shepherd. He has been running his business since 2000 in his home region, Imishli. He is married and has 2 daughters. His main activity is sheep breeding for meat production, and concurrently he is a butcher. Mutton is very popular all around Azerbaijan, and people use it in everyday cuisine. As his business is very popular, he needs to expand and thus applied for a loan of 1200 USD. With this loan he will purchase 20 sheep for an estimated cost of 60 USD each.

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
  • 45
    View loans »
    Azerbaijan Loans Fundraising
  • $13,976,150
    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 Azer to purchase 20 sheep.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 16, 2008
Sep 1, 2008
Currency Exchange Loss:
Apr 15, 2010