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Rakhila
Rakhila is a mother of four children. She is a very honorable and resolute woman. Ever since she was a young girl, she learned the honest work of raising cattle, the knowledge she has passed down to her own children who have also managed to improve their quality of life.

Rakhila and her husband started their livestock business with only one cow, five years ago. After a number of sacrifices, they were able to increase little by little the quantity of calves. At the moment, with the support of their children, they have started to produce milk. They sell it on the weekends in their village. Her monthly income from this business is 150 USD. She breeds cattle for meat purposes also.

Currently, Rakhila wants to expand her business and to purchase more cattle. With the desire of improving their living conditions, Rakhila applied for a 1200 AZN loan.

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
  • 24
    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 $1,550 helped Rakhila to purchase one cow and two cattle.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2011
Listed
Sep 10, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012