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Madina
Madina is a devoted mother who struggles day after day to provide the best for her family. Six years ago she got the idea to start raising cattle in order to contribute to the family finances. She took advantage of the space she had available on her family’s land to start this business, which she runs together with her husband. Slowly, her number of cows has increased and her clients have started asking for more and more. Madina is not alone in her business as her husband and 2 grown sons help her. With an endless list of requests, she has finally decided to increase the number of livestock she keeps, and for this reason she is requesting a loan of 1,500 AZN. She has recommended herself as a super client and has completed the previous loan she took from AqroInvest through Kiva.

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 $1,925 helped Madina to purchase 4 calves and fodder.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2011
Listed
Jun 13, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 20, 2012