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Elnara K. is a very hardworking woman who knows each day she has to give her best effort and all her courage. She is married and has three children. She works raising animals and feeding them with the goal of selling them later. She enjoys the feeling of owning her own business and contributing a significant amount to the family income. She makes sure not to neglect her role as a mother, because she’s very dedicated to lovingly raising her adorable little son. She wants to improve her stable stalls and produce more meat in a quantity sufficient for selling it commercially. It is for this reason that she’s requesting a loan of 1200 USD for the term of 15 months to buy two cattle. Please support this woman who is determined to change the course of her life with dedication and hard work.

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
  • 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 $1,200 helped Elnara purchase two cattle.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Feb 25, 2009
Jan 19, 2009
Currency Exchange Loss:
Jun 30, 2010