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Ramil
Ramil H. is 28 years old and lives with his elderly parents. He is not married yet.

He likes his livestock business very much. He has 2 calves for fattening, which is how he supports his family. He also works as a teacher in the local school, but his salary is too small even to cover his basic needs, and Ramil needs to think about his parents too. That's why, seven years ago, he decided to start his own business.

To expand his business Ramil has applied for a $1,200 loan to purchase four calves. Ramil wishes to marry his fiance, but he wants to wait to increase his income during the winter season as it is the high period when people need meat.

Your help will support Ramil's current and future families.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ramil to purchase four calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 8, 2008
Listed
Nov 13, 2008
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010