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Elmeddin R. is 23 year old. Elmeddin has been working in the livestock sector since he was 15 years old. Currently he has two cows. His main source of income is selling dairy products, such as milk and yoghurt. His mother helps him in the business.

The business generates the main income for the family. His father is on pension and he needs special care and medicine. That’s why he is not helping in currently business, althought he is always ready to give advice to his son.

Elmeddin applied for a loan of $1000 USD to purchase one cow, one calf, and fodder. This is a first loan for Elmeddin and he is sure he will be able to pay it back on time. He thanks you for your support.

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
  • 19
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Elmeddin to purchase one cow, one calf, and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 14, 2008
Sep 29, 2008
Currency Exchange Loss:
Feb 15, 2010