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Fazrat
Fazrat M. is a 26-year-old man who breeds calves in a small village in Saatli region. Fazarat is young but full of energy; he tries every single day to make the life of his parents better. Fazrat started his business in 2002. He continued the business of his father, who is a pensioner. Fazrat has great experience in cattle breeding because he observed it from his childhood. He got an education in finance/economics he works in local organization as an accountant so that he doesn't lose his skills, but his main financial income comes from cattle selling.



Fazrat would like to expand his business and purchase more calves. This will help him to increase income and improve life conditions. Fazrat is planning to get married next year. We wish his good luck and appreciate for 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
  • $13,951,900
    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 Fazrat purchase four calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 27, 2009
Listed
Dec 17, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 24, 2010