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Ali Q. is a 44-year-old farmer, and is married with 2 children. He is proactive and a very ambitious person. He is working hard in the sheep and livestock business, and he has an education in agronomy. This education helped him when he decided to engage in this business in 1989.

Ali has applied for a loan of $1200 USD. He will use this money to purchase an additional cow for $600 and 10 sheep for $60 each. He wants to earn more income so he can provide his children with a good education and improve their lives. This loan would help him accomplish his goals in a short time.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    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 Ali to purchase 10 sheep and one cow.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 12, 2008
Sep 27, 2008
Currency Exchange Loss:
Feb 15, 2010