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Shakir
Shakir K. is a 52-year old farmer who sells milk and milk products such as cheese, yogurt and butter. Shakir looks after his cows and pastures them and his wife makes all the milk products. Shakir has five children. They are all adults and Shakir works to cover his and his wife's needs. His pension is too small to cover their basic needs. Now Shakir is applying for a 1500 USD loan to purchase three calves and raise three more cows in future.

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
  • 42
    View loans »
    Azerbaijan Loans Fundraising
  • $13,977,125
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Shakir to purchase three calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 29, 2009
Listed
May 17, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010