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Akif
Akif is a cattle breeder with more than 10 years of experience. Akif is married and has three children. Akif purchases small calves and then fattens and raises them. After six months, he resells the grown cattle in the central city market. He applied for a 1100 AZN loan to purchase more cattle and increase his income. This loan will allow him to improve life of his family. He already paid his first loan from AqroInvest CU successfully.

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
  • 36
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Akif to purchase three cattle and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2011
Listed
Aug 3, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012