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Latafat
Latafat is a 53-year-old married woman and has four sons. Her husband works doing repairs, but the main source of income is poultry. Latafat has been raising chickens and hens for 20 years. Her monthly income is 400 AZN.

Poultry is one of the most predominant types of farming. People buy eggs and hens to use them in cooking of different national dishes.

Latafat applied for 600 AZN in order to buy chicken feed and expand her small business. She plans to increase her income and cover the family’s life demands. This is her second loan and she has a positive client history.

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.

Tags

About Azerbaijan

  • $6,171
    Average annual income
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,936,525
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $775 helped Latafat to buy chicken feed and expand her business.
75% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2014
Listed
Apr 27, 2014
Currency Exchange Loss:
Possible