Sona usually buys small calves, raising and fattening them for five-six months, and then reselling them for profit in the livestock bazaar. The business earns about 250 AZN each month and is now the family's main source of income. Because she wants to expand her business and improve her family's living conditions, Sona is requesting a loan of 1000 AZN to purchase three heads of cattle, one milk cow, and one baby calf. She has a good client history, and this will be her fourth loan.
About AqroinvestAqroinvest 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.
25View loans »
Success!! The loan was 100% repaid