Kamran A. is 39 years of age. He lives with his wife and three children. Kamran has been breeding livestock for nine years. Thanks to this activity, he can cover his living expenses. He goes out every morning to graze his animals. He enjoys caring for his animals, and he is grateful that this work puts food on the table for his children. Kamran’s family is his greatest love, and they are the biggest motivators in his life. He will use the loan to purchase young cattle, which will revitalize his herd and help him become the best breeder in his area. With your help this will be possible.
Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.
In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.