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Rena
Rena A. is a 38-year-old woman who has dedicated her life to her three sons. Rena`s main business is livestock breeding. After finishing school, she got married and did not have any chance to work or study because, all her life, she was looking after children. But in 1996 when her husband lost his job, she offered to start their own business.

With a loan from AqroInvest, Rena and her family started breeding livestock. Now that Rena's son is entering the university, she needs more income to pay for his education. For this purpose, Rena has applied for $1200 USD loan to purchase two calves and increase her income. Rena has a good client history and, with your help and generosity, we would be proud to support this hardworking woman.

Additional Information

About Aqroinvest

Aqroinvest Credit Union was founded by a group of 32 Imishli farmers in 2001, and has grown to become one of the largest credit unions in Azerbaijan. It boasts a portfolio of nearly $5 million and is wholly owned by its more than 3,500 borrowers, as of December 2011.

You can join Aqroinvest's Kiva lending team, Aqroinvest Dostları (Friends of Aqroinvest), and become a fan of the organization on Facebook here.

About Azerbaijan

  • $6,171
    Average annual income
  • 19
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    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 Rena purchase two calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 18, 2009
Listed
Apr 9, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010