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Khanbala
Khanbala S. is 46 years old and lives with his wife and 3 children. He has been breeding cattle since his youth, owing to his father who was a farmer with a rich experience in cattle breeding. He is trying to improve the breed in order to increase his prices. He invests time and money in the feed and medicines that the animals require. He enjoys this work, above all getting milk from his cows, which he sells in local markets. Khanbala keeps going thanks to the help and enthusiasm of his children, along with his wife, who all help him with caring for the animals. Now Khanbala needs a loan to purchase more cattle to expand his business. 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
  • 26
    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 Khanbala purchase two 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:
Jun 29, 2010