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

Gulnar and her husband started their livestock business with only one cow seven 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 from their cattle. They sell it on the weekends in their village.

Currently, Gulnar wants to expand her business and to purchase more cattle. With the desire of improving their living conditions, she applied for a 1,000 Azerbaijani New Manat (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
  • 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 Gulnar to purchase two cattle.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2011
Listed
Oct 19, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012