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Faila is a 47-year-old married woman who owns a small farm. She is a hard-working woman who has fought to provide her family of three children with better living conditions. Today, one of her children is a working adult thanks to her example.

Faila has been running a business raising and selling cattle. She has six years of experience in this field. Since cattle raising and selling is a profitable business, Faila has become a very successful businesswoman in a very short period. She works very hard and spends all her time with her animals, cleaning them, feeding and pasturing them. Her husband and 15-year-old daughter help her to look after the animals.

Now Faila wants to expand her business and buy more cattle. So she applied for a loan of 1000 AZN. Faila promises to repay on time.

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
  • 15
    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 $1,275 helped Faila to purchase three calves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 8, 2011
Jun 21, 2011
Currency Exchange Loss:
May 16, 2012