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Ramiz
Ramiz is a 45-year-old married man with two sons. For eight years, he has raised cattle, fattening and selling them. His wife is a housewife who helps her husband in this business because this is only income for his family.
Ramiz sells meat at the bazaar. There is a high demand for meat in Azerbaijan, because it is used in a lot of meals, such as kufta (soup), kababs, and dolma. His income from this business is 150 AZN per month. In order to fully support the family, Ramiz is looking forward to expanding the business and making it very successful.
Ramiz has already taken out four loans from Aqroinvest and he has a good loan repayment history. He is applying for a loan of 2000 AZN. Ramiz believes with this loan he can buy more cattle and expand his business.

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
  • 20
    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 $2,550 helped Ramiz to expand his cattle business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 1, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2014