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Rizvan
Rizvan R. is 55 years old and lives in small village of the Saatli region in Azerbaijan. He is the father of five children, and his main work consists of breeding cattle. He has had this business for more than 15 years. This very good activity enables him to provide for the needs of his family. A very ambitious man, he would like to buy a greater number of cattle and build a farmhouse to house them in order to ensure their safety. Due to a lack of finances, he is asking for a loan of 1200 USD for the realization of this project. He promises to repay the loan in 15 months. When his dream is carried out, he will be able to have a greater source of revenue for his big family. With your help this will be possible.

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
  • 19
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    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 Rizvan purchase four calves.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 25, 2009
Listed
Jan 13, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 1, 2010