Check out some available loans that are similar to this one!
Akbar
Akbar A. is a 60 year old farmer. He has worked in agriculture for the past four years, raising sheep. He cares greatly for his sheep because they enable him to cover his household expenses.



Akbar's work is very important to him, and he is very dedicated to his animals. He believes that by improving his stock and feed, his sheep will bring in better prices. This enterprising gentleman is turning to you for the support that will permit him to continue developing his business. He is seeking a loan to purchase additional sheep, so that in the future he will be able to generate additional income for his family. Thank you for supporting Akbar’s project.

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 Akbar purchase 10 sheep and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 27, 2009
Listed
Mar 18, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 24, 2010