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Salminaz
Salminaz T. is a 44-year-old woman who sells calves for meat production. She has six years of experience in this field. She lives with her husband and three children in a small village in the Saatli region. As Salminaz and her husband are unemployed, selling calves to the local bazaar traders for meat is the only financial source for such a big family. She decided to purchase additional calves to improve the conditions of her family. For this purpose she applied for a loan of $1100 to purchase three calves for $300 each and fodder for $200.

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
  • $13,976,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Salminaz to purchase three calves and fodder.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 21, 2008
Listed
Apr 22, 2008
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2009