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Abulfat
Abulfat H. is 45 years old and lives with his wife and their six children.

Abulfat has been breeding cattle for more than 20 years and he is trying to improve the breed in order to increase his prices. He invests time and money in the feed and medicines that the animals require. He enjoys this work, especially getting milk from his cows, which his wife sells in local markets.

Abulfat keeps going thanks to the help and enthusiasm of his children, who, along with his wife, help him care for the animals. Abulfat needs a loan of 1,600 AZN to buy more calves to expand his business. With your help, this will be possible.

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
  • 44
    View loans »
    Azerbaijan Loans Fundraising
  • $13,977,125
    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 Abulfat to purchase three calves and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 25, 2010
Listed
Feb 1, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 18, 2010