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Vagif
Vagif H. is a 57-year-old man who breeds sheep and cattle in the small village of Bilasuvar city. He is married and has three children. He has been engaged in this business for the last 15 years.

He sells cattle to the local butchers and cafes. His monthly income is about 250 to 300 Azerbaijani New Manat. He plans to use his loan to buy a milk cow and several sheep.

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 $1,250 helped Vagif purchase one milk cow and two sheep.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2010
Listed
Jul 28, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011