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Rafiq
Rafiq S. is a 58-year-old man who lives in Sabirabad. He is married and has a big family. He is a father to three sons and one daughter. Rafiq receives a monthly pension of 113 AZN. Since that is not enough to support his family, he started his own poultry business 10 years ago. His whole family helps him in his business, especially his son. This loan of 1000 AZN, to buy feed for his chickens and turkeys, is his first with Aqroinvest and Kiva. He plans to grow his business in the future.

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
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Rafiq to buy feed for chickens and turkeys.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011