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Makhizar
Makhizar S., age 58, works with her husband and sons, purchasing and reselling sheep. She and her husband have two children. Makhizar would like to request a loan of 700 AZN in order to purchase additional animals to increase her inventory and meet customer demands. She believes this will lead to greater revenue and, ultimately, greater profit for her family.

In the future, Makhizar would like to reinvest the earnings generated by this loan back into her business to purchase more sheep and increase her income further. She and her husband plan to use the increased income to fund the renovation of their house.

She deeply appreciates the trust and support you are giving her.

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
  • 24
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Makhizar to purchase six sheep and fodder.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2011
Listed
Apr 30, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012