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Aladdin
Aladdin H. is 46 years old. He is married with three children. His wife looks after the house and the kids. Aladdin supports his family by breeding cattle, which he sells for meat. He started his business in 1982 when he was very young. Cattle-breeding is the main source of income for the family and generates the income necessary to allow Aladdin to support his family and improve their living conditions. Now he has applied for a 1200 USD loan, which he is planning to use on purchasing one milking cow for 600 USD and two calves for 300 USD each.

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
  • 44
    View loans »
    Azerbaijan Loans Fundraising
  • $13,976,150
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Aladdin to purchase one cow and two calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 12, 2008
Listed
Sep 27, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010