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İmadi
İmadi is 26 years old, single, and lives with his parents. He works as a laborer on a water project team that builds water channels. He has been working with this team for three years and his monthly income is 200 AZN.

Azerbaijan is developing very quickly and every year many regions have many changes. Water is one of the most important resources in each region. Young people take part in building water channels to improve life in their regions.

Imadi’s income isn’t enough to cover his family’s demands. He applied for a 1200 AZN loan to buy good coveralls and quality tools for his work.

Additional Information

More information about this loan

This loan will help fund AqroInvest's new loan product that supports clients who need to set up proper soil irrigation systems for their agricultural activities. It will also provide financing opportunities to dig wells to expand access to clean water for human and livestock consumption.

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.

Tags

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
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,550 helped İmadi to buy good coveralls and quality tools for work.
49% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2014
Listed
May 21, 2014
Currency Exchange Loss:
Possible