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Rafiq
Rafiq A. is a 56-year-old farmer who has bred cattle very successfully for the last 11 years. He is married and has three children who actively help him and his wife. His work requires a lot of effort because Rafiq spends most of the time in the open air, regardless of season. He raises cattle and sells them to the local butchers. He has applied for a loan of 1000 AZN to purchase three calves and increase his profit.

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
  • 0.9
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Rafiq to purchase three calves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2010
Listed
May 24, 2010
Currency Exchange Loss:
Covered
Ended:
May 17, 2011