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Qurban
Qurban K. is 56 years old. He is married and has 5 children. He is a very active man. Almost twenty years ago, he started his business of raising sheep. His family has a small herd of sheep and one cow. He usually sells sheep to local restaurants. This is his primary and stable activity. Also during harvest season, Qurban earns additional income as a tractor driver.



Despite these two jobs, since his business is still quite small, it doesn't generate enough income for the whole family.
Qurban would like to request a loan to expand his business and increase family income. He will use the profit generated by the business to repay the loan on time. With this purpose in mind, he is asking for a loan of 1000 USD in order to buy more lambs to sell when they are fully grown. The well-being of his family and his business are in your hands. Qurban and his children are sincerely grateful for your support.

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
  • $14,004,675
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Qurban to purchase 15 sheep and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 9, 2008
Listed
Sep 25, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010