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Vafa A. is 37 years old. She is widow and the mother of a son. Hard life conditions pushed Vafa to start her own business eight years ago.

Vafa breeds cattle. She buys the calves in the market at a low price, feeds them, and then resells them in the same market at a more profitable price. Vafa works hard to make the business successful and to generate a stable income for her family.

Vafa is requesting a loan of 1440 AZN to purchase three calves to raise and sell and fodder to feed them. Vafa would like to thank everyone for their support and promises to manage the loan without violations or delinquency.

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
  • 15
    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 $1,800 helped Vafa to purchase three calves and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Feb 25, 2010
Jan 12, 2010
Currency Exchange Loss:
Jun 22, 2011