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Suleyman
Suleyman is a very friendly and hardworking man of 22 years old. He is single and lives with his parents. He is IDP and lives with his family in the Bilasuvar IDP settlement.

He breeds cows and cattle and sells milk and milk products as well as cattle for meat purposes to local butchers. Suleyman has already two years of experience, but from childhood he has been observing his father and helping him to look after livestock.

Suleyman usually buys calves, raises and fattens them in five or six months and resells them for a more profitable price in the local livestock bazaar. He also sells milk and yoghurt to the neighbors.

Milk and meat selling brings in 100 AZN in income per month. Milk and yoghurt, as well as meat are very popular products in Azerbaijan. People use meat in everyday national dishes as pilau and dolma and always use yoghurt sauce. Milk products are considered very healthful and also present in everyday life.

Suleyman applied for 1,000 AZN to purchase one milk cow and one other cow.

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
  • 14
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 Suleyman to buy one milk cow and one other cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2012
Listed
May 15, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013