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Qadir
Qadir is a 54-year-old cattle breeder who breeds cattle and sheep. He is an IDP (Internally Displaced Person) and lives with his wife and five children in the Bilasuvar IDP Settlement. He has 4 years of experience in this field. Cattle and sheep breeding is the only financial income in his family.

Qadir generates income from selling sheep and cattle for meat purposes and also sheep for their wool. His profit per month is about 150 AZN. He applied for a 1,500 AZN loan in order to purchase more sheep and cattle. This will be his 4th 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
  • 18
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    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 Qadir to purchase 8 sheep and one cattle.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2011
Listed
Nov 12, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013