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Latifa S. is forty-eight years old and married with two children. Ever since she was married, she has worked at a business of buying and selling sheep. In order to increase her profits, Latifa walks through farms and several settlements to buy sheep at the lowest price. She currently has eight sheep. Latifa wants to expand her business and, since her children are grown up, she thinks that with their help she will be able to look after more sheep. She is asking for a loan of $2000 to purchase twenty sheep. Latifa expresses her gratitude to everyone supporting her and promises to repay the loan on time.

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.

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About Azerbaijan

  • $6,171
    Average annual income
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Latifa to purchase 20 sheep.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Aug 25, 2009
Aug 1, 2009
Currency Exchange Loss:
Dec 19, 2010