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Eyvaz H. is 55 years old and lives with his wife and five children in the southern part of Azerbaijan. He supports his family by raising cattle, which he sells to a butcher shop in the local market after fattening them to the desired size over the course of six or eight months.

Eyvaz recently realized that his business has the potential for significant growth, so he has decided to purchase four more calves. In order to achieve this goal, which will allow him to earn more profit and better support his family, Eyvaz is requesting a loan of 1200 USD.

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
  • 14
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 Eyvaz purchase four calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jan 27, 2009
Dec 7, 2008
Currency Exchange Loss:
Jun 24, 2010