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Rakhman
Rakhman H. is a 41-year-old married man who raises sheep. He is a hardworking man who has fought to provide for his family and to educate his three children. Rakhman has been running a business raising and selling sheep. He has 20 years of experience in this field. Since sheep raising and selling is a profitable business, Rakhman has become a very successful businessman in a very short period. He works very hard and spends all of his time with his animals, cleaning them, feeding them, and pasturing them. Now, Rakhman wants to expand his business and to buy more sheep. He has applied for a loan of 1606 AZN. Rakhman thanks all lenders for their support.

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
  • 31
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    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 Rakhman to purchase fifteen sheep and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 29, 2009
Listed
Nov 8, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 30, 2011