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Qurban
Qurban is a 47 year old man who is married with two sons. He sells meat such as mutton and beef in the central bazaar. He has five years of experience in this field. He started his business because he was a butcher and had his own livestock for more than 10 years.

This business is profitable and brings stable income of 300 AZN. People use beef in everyday national dishes as pilau and dolma, and always use yoghurt souse. His friend helps him to cut and sell meat.

He applied for 2000 AZN to buy more sheep and cattle to increase selling fresh meat from his butcher shop. This will help to increase his financial income and improve the life conditions of his family.

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
  • 16
    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 $2,550 helped Qurban to buy livestock to cover the meat demands of customers.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014