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Qalib
Qalib is 43 years old. He is married and has two children. Qalib has worked with livestock for 10 years. He is very experienced and has the special skills in livestock care that help him to develop his business. He raises and sells sheep and sells meat.

Qalib is requesting a loan of 1,500 AZN to enable him to purchase more sheep. This will allow enable him to increase the meat produced and will provide income security to the family. His current profit per month is about 350 USD, and he would like to increase it to 500 USD.

The income will enable Qalib to provide for his family, take good care of his animals and supply his neighbors and permanent vendors with quality meat.

This will be his third loan and he has a good credit history

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,942,725
    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 Qalib to purchase 20 sheep and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2011
Listed
Sep 9, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012