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Rena
Rena I. is a 38-year-old mother of four lovely children. She sells milk and yogurt to the local people and has twelve years of experience in this field. Because of hard living conditions, she got married at a very young age. Her husband helps her with selling dairy products.

Her dream is to provide her children with access to education, but this requires more funds that she is earning now. To improve their living conditions, she has decided to purchase one additional milking cow. For this purpose she has applied for a loan of 800 USD. Rena believes this loan will be one more step toward achieving to her dream, and thanks everyone for their 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
  • 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 $800 helped Rena to purchase one cow.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 12, 2008
Listed
Sep 28, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010