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Ali Q. is a hard-working person who makes an effort to give his four beloved children the best. He works as a teacher in the local school, but his salary is not enough to cover his family's basic needs. That is why in 1995 Ali decided to begin a sheep breeding business. With experience gained over thirteen years in the purchase and sale of sheep, he has been able to bring stability to his family.

Ali would now like to expand his business, and create more income for his large family, by purchasing twenty sheep. For this reason, he is requesting a loan of $1200. Ali thanks you very much 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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ali to purchase twenty sheep to expand his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Dec 8, 2008
Nov 9, 2008
Currency Exchange Loss:
Apr 15, 2010