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Fezret A. is a 52-year-old butcher. He is married and has three children. Fezret started his business in 1995 and since that time he has gained the respect of his permanent clients. He runs his business in the heart of the central bazaar. Every day local farmers bring him livestock for meat, but Fezret’s working day finishes too fast because he sells all the meat in about four hours. Fezret wants to improve his financial situation by purchasing more meat each day. To do this, he needs more funds, so he is applying for a loan of $1200 USD. You can be a helping hand to Fezret’s 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
  • 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 Fezret to buy meat.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 24, 2008
Oct 9, 2008
Currency Exchange Loss:
Feb 15, 2010