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Boyukhan is a hardworking father with responsibility for taking care of his wife and three children, who are the driving force for his work. Every day, early in the morning, Boyukhan leaves to take care of his farmland, which he irrigates and fertilizes so his crops will produce well, and then when the harvest comes he can have good quality products to sell for his income, which is 240 USD. He has four years of experience in this field. His son also helps him with his business. One of his dreams is to build a big house one day. He is asking for the current loan to buy seed, fertilizer and other supplies necessary for farming their land and increasing their crop production.

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
  • 24
    View loans »
    Azerbaijan Loans Fundraising
  • $14,897,700
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Boyukhan purchase more seeds and fertilizer and garden tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 24, 2011
Sep 24, 2011
Currency Exchange Loss:
Sep 15, 2012