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Mehbara
Mehbara is a 57-year-old mother with 3 sons in her care. She lives in her own house with her husband and children. She works at raising and selling small livestock such as sheep, and she has 20 years of experience with this work. For this purpose, she has constructed appropriate and spacious pens to raise her animals more effectively. When the animals reach the ideal size and weight, she sells them at the local market.

Mehbara requested a loan from AqroInvest for 1,500 AZN, which she will use to buy small livestock to raise, as well as balanced feed for her sheep. In this way, she will achieve better development and will be able to sell them for a better price.

She is a person who is very well-known and respected by the inhabitants of the area where she lives. The people who know her consider her a good-natured and very responsible person.

Additional Information

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $10,800
    Average annual income
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $14,255,775
    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 Mehbara to buy small livestock to raise.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013