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Janali
Janali is 21-year-old farmer who breeds sheep in the small village of Imishli. He has three years of experience in breeding sheep and selling them to the local bazaar traders. Meat is in very high demand all across the country. Janali has a very small herd and he would like purchase additional sheep to increase his herd, he applied for 1200 USD to purchase 12 sheep for estimated price 60-70 USD, he will use the rest of the money to purchase fodder.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,919,450
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Janali to purchase 12 sheep and fodder.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 18, 2008
Listed
Jan 4, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009