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Akif
Akif K. has dedicated himself to raising sheep since 2000. He is a married father who supports his one daughter. His wife also helps him with the business. Akif is faced with the need to purchase more sheep. The animals Akif raises are sold to farmers. To acquire the animals, Akif has come to AqroInvest to obtain the necessary credit so he can continue to maintain his dear home.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,919,450
    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 Akif to purchase 12 sheep.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 29, 2009
Listed
Jun 1, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010