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Gulshan
Gulshan is a 26-year-old woman who engages in milk sales and cattle breeding. She is married and has three children. Together with her husband, she raises cattle and resells them for a higher price for meat purposes. Her income comes from milk products as well. Her business generates a stable monthly income of 200 AZN. She applied for a 1,500 AZN loan to purchase one milk cow and two calves.

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
  • $13,949,625
    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 Gulshan to purchase cattle.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2011
Listed
Dec 13, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013