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Rovshan
Rovshan K. is 31 years old. He is married with two children. His wife looks after the house and the kids. Rovshan supports his family by breeding cattle which he sells for meat. He has been in this business for the past 8 years.



Cattle-breeding is the main source of income for the family and generates the income needed to allow Rovshan to support his family and improve their living conditions. Now Rovshan is planning to buy two baby calves and fodder to speed up the raising process. Rovshan is requesting a loan of 1200 USD over a term of 15 months.

Additional Information

About Aqroinvest:

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.

About Azerbaijan

  • $6,171
    Average annual income
  • 47
    View loans »
    Azerbaijan Loans Fundraising
  • $14,143,375
    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 Rovshan purchase two baby calves and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 25, 2009
Listed
Jan 19, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 30, 2010