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Raila
Raila is a 51-year-old woman, who has been engaged in milk sales for the last four years. Rakhila is married and has five children. She has two milking cows and sells milk and homemade yoghurt to the local people. Raila's profit in this business is 150 AZN per month. This is the only financial income in her family and Raila is aiming to expand it. To do that she has applied for a 1000 AZN loan to purchase one milking cow and fodder.

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
  • 20
    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 $1,275 helped Raila to purchase one milking cow and fodder.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Covered
Ended:
May 16, 2012