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Sona
Sona M.'s business involves purchasing and reselling sheep with her husband. She is 49 years old and married with four children. She has requested a loan of 1606 Azerbaijani manats in order to purchase additional sheep to meet customer demand. Sona believes this will lead to greater revenue and, ultimately, greater profit for her family. In the future, she would like to reinvest the earnings generated by this loan back into her business to purchase additional sheep and further increase their income to aid her children's education. You can become an important part in the life of Sona and her family. She deeply appreciates the trust and support you are giving her.

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
  • 21
    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 Sona to purchase 15 sheep and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 29, 2009
Listed
Nov 10, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2010