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Tamella
Tamella is 54 years old. She has been living in a settlement for internally displaced people since 1996. She and her husband purchase and resell sheep as their business. She has four children. Tamella would like to request a loan of 1000 Azerbaijani manats in order to purchase additional sheep. This will increase her inventory and meet her customers' demands. She believes this will lead to greater revenue and, ultimately, greater profit for her family. In the future, Tamella would like to reinvest the earnings generated by this loan into her business to purchase additional cows and increase their 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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,951,900
    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 Tamella to purchase 8 lambs and fodder.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 30, 2011
Listed
Jul 14, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012