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Askinaz
Askinaz S., the mother of six children, fled to the safety of the Bilasuvar Internally Displaced Settlement in 1993 during the Azerbaijan-Armenian conflict. Five years later, she began a business raising livestock, and although she started with just one cow, she now has many. Every morning Askinaz arises early to allow her beloved cows to graze among the hills all day in hopes that they will return happy and satisfied.



Assisted by her children and husband, she is highly motivated to continue in this arduous work, as the resulting income allows her and her family to sustain themselves, a source of great satisfaction for Askinaz. She is now requesting a loan that will enable her to purchase more livestock to expand her business. With your support, Askinaz will be able to accomplish her business goals and eventually fund the education of all her children.

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
  • 45
    View loans »
    Azerbaijan Loans Fundraising
  • $13,976,150
    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 Askinaz to purchase four calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 27, 2009
Listed
Dec 5, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 24, 2010