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Afqan
Afqan K. is 54 years old, married and has four children. He lives with his entire family, as well as his parents, on a one-hectare property where he breeds sheep and sells them for meat production. He started his sheep breeding business in 1995 as there was no other financial source. In order to expand his business, he is requesting a loan of $1200 USD, which will be used to purchase 20 sheep to help to sell more sheep during the winter period and improve his living conditions. Afqan and his family appreciate your help!

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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,953,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Afqan to purchase 20 sheep.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 8, 2008
Listed
Nov 9, 2008
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010