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In 1993 Shahmurad H., a hard-working person who makes an effort to give his two beloved children the best, fled to the Bilasuvar Internally Displaced Settlement during the Azerbaijan-Armenian conflict. The government then granted him land which he subsequently cultivated and developed and upon which he feeds his animals. He also works as a policeman in the local police department, earning about $150 per month, an amount insufficient to cover family needs.

Through his business, he has been able to educate his children up to the secondary school level. He would now like to extend his animal business and so is requesting a loan of $1200. He plans to increase the number of animals he raises. Shahmurad thanks you very much for your kindness to others.

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
  • 43
    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 Shahmurad to purchase three calves and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jan 27, 2009
Dec 6, 2008
Currency Exchange Loss:
Jun 24, 2010