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Mahammad
Mahammad A. is a 51-year-old man who raises cows and sells milk and yoghurt to the local bazaar traders. He is married and has four children. They live together in the small village of Saatli region. Mahammad would like to expand his business and start breeding calves, because meat is in very high demand in Azerbaijan, and people eat meat almost every day. For this purpose, he applied for $1200 USD, With this loan, he will purchase four calves for $300 USD each.

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
  • 44
    View loans »
    Azerbaijan Loans Fundraising
  • $13,977,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Mahammad to purchase four calves.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 29, 2008
Listed
Mar 11, 2008
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2009