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Ilham
Ilham Q. is 45 years old, married and has three children. His principal work is the buying and selling of cattle. Ilham lives in the small village of Imishli city in the southern part of Azerbaijan.

He purchase baby calves, fattens and raises them and after 5-6 months sells them in the local Imishli livestock bazaar. The business is very profitable, but his lack of capital makes his income insignificant, and living conditions remain difficult in his household.

To strengthen his business, he is asking for a loan of 1200 USD, which will serve to buy more cattle to expand his business. This will allow him to more effectively meet the needs of his household.

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
  • 15
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 Ilham purchase three calves and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 27, 2009
Listed
Dec 14, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 24, 2010