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Vidadi
Vidadi is a 56-year-old man, married with four children. He breeds cattle and sells the meat to local butchers. Vidadi has more than 10 years of experience in this field, thanks to his father who taught him how to look after cattle.

Vidadi usually buys small cattle, raises and fattens them for 5-6 months and resells them for more profitable price at the local livestock bazaar. In addition, meat selling brings in 400 AZN income per month for Vidadi. His brother helps him to graze cattle and look after them. People use beef in everyday national dishes as pilau and dolma and always use yoghurt sauce.

There is only one income in his family and it is not enough to cover the basic needs of his beloved children. Vidadi applied for 1000 AZN to purchase three baby calves. This will be his second loan and he has a good client history.

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
  • 19
    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 Vidadi to buy three calves.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 1, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2014