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Tahir
Tahir S. is 55 years old. He is married and has four children. Tahir is the sole breadwinner for his family and his only income comes from raising sheep and selling them at the local market. Every year he buys lambs from the farms in adjacent villages. He raises them with the help of his wife and then sells the adult sheep to local butchers.

People in Azerbaijan uses mutton in everyday life and this business is very profitable, especially if you can cover high demand. Tahir is thinking about expanding his business, since the income from his present herd isn't enough to provide for his family and cover needs of his clients. He plans to purchase additional sheep and lambs; to do this, he needs to invest an additional 1000 AZN in his business.

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
  • 32
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    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 Tahir to purchase 10 lambs and 5 sheep.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2011
Listed
Apr 30, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012