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Qudrat
Qudrat S. is 41 years old. He is married and has three children. Qudrat is a hard-working man who, while continuing to work another job, started his own business as a source of additional income.

Qudrat works as tractor driver, but his profession brings him money only once a year, in the autumn when it is harvest season. At all other times, he is unemployed, and this cycle motivated him to start his cattle breeding business in 2001. With time, he has increased his sales and now he needs assistance for investing in his business. The business has been going well and he would like it to continue to grow.

Qudrat applied for a loan of $1200 USD to buy four calves. With the profit from this loan, he wants to support his children with their education. He and his family thank you very much for the support that you offer them in continuing this business and helping them give their children a better quality of life.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,942,725
    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 Qudrat to purchase four calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 27, 2008
Listed
Oct 12, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010