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Afqan
Afqan H. raises and sells cattle. He is 32 years old, married and has three kids. He purchases cattle in the central market, feeds and cares for them, and then resells them at higher prices in the local market. Afqan has been in this business since he was 17 years old – thanks to his father who is a farmer and taught him a lot. He is an expert at choosing and caring for the animals. He gets up at five o'clock every morning to feed the cows and look after them. His knowledge and skills allow him to make his business successful, but his family is still quite poor because of the high prices they have to pay for everything.

Afqan applied for a loan of 1600 AZN to purchase more cattle to expand his business. You could become an important part of his family's life. Afqan deeply appreciates the trust and support you are giving him.

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
  • 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 Afqan to purchase four calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 26, 2010
Listed
Dec 11, 2009
Currency Exchange Loss:
Covered
Ended:
May 17, 2011