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Elnara
Elnara lives in small village of the Saatli region, Azerbaijan. She is single and lives with her parents, who she also cares for. Living a hard and poor life, Elnara decided to start her own business ito earn some money and improve the life of her parents who are on a pension now. She purchases cattle and raises them, feeds them, and then her father takes them for selling to the local livestock bazaar. Also her father pastures calves while Elnara takes care of her mother. As she is officially "unemployed" she is looking for alternatives. Elnara is currently requesting a loan of 1200 USD to purchase more calves, and she hopes to expand her business in order to continue to support her family.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,919,450
    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 Elnara 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 30, 2010