Qaliba K. is 33 years old, married and has three children. For 8 years Qaliba has dedicated herself to raising and selling cattle, a job that brings economic stability to her family. It is for her family that she works and struggles day in and day out. Her son helps her with the business.
She’s asking for a loan of $1200 to invest in her business and buy two more cattle. A successful business will allow her to save enough money so she can provide better life to her children. Qaliba is committed to responsibly repaying the loan within 15 months. With your help, Qaliba can accomplish her dream very soon.
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.