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Latif
Latif A. is a 60-year-old man who started breeding cattle six years ago when he retired from his work. Latif is married and has five children. He is working as a driver, but his main source of income comes from livestock breeding. He sells milk and milk products to the local people. Now he would like to purchase cattle and fatten them for meat production. He has potential customers who keep butcher shops and meat is in high demand. Latif applied for a loan of 1,000 AZN to purchase three baby calves.

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
  • 11
    View loans »
    Azerbaijan Loans Fundraising
  • $13,933,925
    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 Latif to purchase three baby calves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 30, 2011