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Fakhrat
Cattle farming is an economic activity dedicated to raising animals in order to generate revenue from the animals and the products they provide. Fakhrat T. has earned a living from raising cattle since he was young. He's married and has 2 children that, in Fakhrat’s words, are his reason for living. It should be said that the low income available to people in this rural area isn't enough to maintain a family.


For this reason, Fakhrat works enormously hard to provide a better standard of living for his wife and children. Fakhrat urgently needs to buy cows and calves. He's applied for a loan of 1600 AZN. Be an important part of the growth of Fakhrat’s business.

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
  • 14
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 Fakhrat purchase cows and calves to raise.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 30, 2009
Listed
Nov 1, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 27, 2010