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Agamammad
Agamammad M. has been selling sheep and cattle for 10 years. This has helped him move on in his business. He's the father of three children who all need to be fed and provided with the necessary education. He sells sheep to the local butchers and vendors and, once a week, takes them to sell to the livestock bazaar. One of his main needs is the need to purchase more sheep in order to improve his business. For this reason Agamammad has applied for a loan of 1000 AZN to purchase 20 sheep. Previously, he took a loan from AqroInvest through KIVA and he has successfully finished it.

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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,951,900
    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 Agamammad to purchase 20 sheep.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2010
Listed
Oct 21, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011