Check out some available loans that are similar to this one!
Asgar, 35 years old, is married and has a daughter and a son. His wife is a housekeeper and they are refugees living in an IDP settlement. Asgar has been raising and selling vegetables for 13 years and has good skills in this area. His monthly income is 220 AZN. Sometimes, in his free time, he earns additional money working as an artisan.

Raising vegetables is very common in Azerbaijan regions because vegetables are always in high demand. People buy vegetables in order to cook delicious national dishes.

Asgar is a very kind and responsible father. He wants to provide his children with a good education and bright future. To reach this aim, he has to increase his income and be able to pay for their education. He has applied for a loan of 1,200 AZN in order to buy good fertilizers and new garden tools.

Additional Information

More information about this loan

This loan is designed for clients residing in settlements for Internally Displaced Persons (IDPs) in Bilasuvar, Azerbaijan. An internally displaced person (IDP) is someone who has been forced to flee his or her home due to armed conflict, violence, human rights violations, or natural or manmade disasters, but who, unlike a refugee, has not crossed an international border (source: UN Office for the Coordination of Humanitarian Affairs). Many of these people have failed to qualify for loans through formal channels due to low income and lack of collateral. By funding this loan, you are creating opportunities and supporting economic development in extremely underserved communities. 

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $14,860,125
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Asgar to buy good fertilizers and new garden tools.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
May 13, 2014
May 22, 2014
Currency Exchange Loss:
Dec 17, 2015