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Rahila
Rahila is a 60-year-old woman who lives in the Sabirabad district of Azerbaijan. She is not married and lives with her brother's family.

Rahila is a very hardworking woman. She engages in beekeeping. This is her second loan from Aqroinvest CU in the amount of 1,500 AZN. Rahila will use it to buy more bees because she wants to expand the business. She knows that she can earn more money for her family by selling honey because honey has a good price at the market. Besides that she has a plot of land by her home where she grows vegetables. She has been in this business for 18 years.

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 Rahila to buy more bees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012