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Ibadet
Ibadet M. is a hard working person who tries to provide the best for his 3 beloved sons. He carries out his everyday chores with a lot of love and affection as he cultivates the land and feeds his sheep.

From a very young age, he was dedicated to sheep breeding, thanks to his father who was a farmer. He has gained experience in the purchase and sale of sheep, which has brought stability to his family.

He would now like to purchase more sheep, which can create more income for his large family, and is requesting $1200 for the term of 15 months. Ibadet thanks you very much.

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

  • $10,800
    Average annual income
  • 17
    View loans »
    Azerbaijan Loans Fundraising
  • $14,249,400
    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 Ibadet purchase 10 sheep and fodder.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 26, 2009
Listed
Feb 18, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 1, 2010