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Rafayil
Rafayil is a gentleman who has dedicated himself to the business of farming and raising livestock for the past four years. He is married and has three children. He usually buys small calves, raises and fattens them and resells them in several months at a profitable price. His wife actively helps him in looking after the cattle. The necessity that he is currently faced with is the need to invest in the purchase of cattle. For this simple reason he is seeking a 1,000 AZN loan to obtain cattle to sell.

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
  • 38
    View loans »
    Azerbaijan Loans Fundraising
  • $13,960,650
    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 Rafayil to purchase two cattle and fodder.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2011
Listed
Sep 20, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012