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Sevda
Sevda is 50 years old and married with three children. Sevda has bred cattle and cows for the last 10 years. She was a housewife and her husband was unemployed when Sevda decided to purchase her first cow.

Sevda usually buys small calves, raises and fattens them for 5-6 months and then sells them for a profitable price in the livestock bazaar. Her monthly income is 150 AZN and this business is only one source of financial income in her family. Meat is in very high demand in Azerbaijan and people use it in everyday dishes like pilau and dolma. Sevda also keeps milk cows for personal use and for selling to neighbors.

She wants to expand her business and improve life conditions of her family. She applied for a 1,000 AZN loan to purchase one head of cattle, one milk cow and fodder.

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
  • 18
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Sevda to buy one head of cattle, one milk cow and fodder.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2012
Listed
Mar 3, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013