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Shukufa
Shukufa is 41 years old and married, with two children. She works at purchasing and reselling cattle with her husband. Shukufa is a hard-working woman who has fought to provide for her family. Her husband is working as a teacher in a local school, but his salary is not enough to cover all the needs of the family.

She would like a loan of 500 AZN in order to purchase additional cattle to increase her inventory and to meet customer demands. Shukufa believes this will lead to greater revenue and, ultimately, greater profit for her family. In the future, she would like to reinvest the earnings generated by this loan back into her business. She will then purchase additional cattle and increase her income further.

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
  • 20
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Shukufa purchase one pregnant cow and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2011
Listed
Jul 14, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012