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Mokhtabar
Mokhtabar A. lives in Sabirabad, Azerbaijan. He is 47 years old, married, and has five children. Mokhtabar is the sole provider for his family and earns his living by raising and selling livestock. He purchases young calves from local villagers, raises them for 5-7 months, and then sells the adult cows and bulls to local butchers. Mokhtabar is thinking about expanding his business, because his current earnings are not enough to provide for his family. He wants to purchase more calves and fodder. He is requesting a loan of US $1,200 for the term of 15 months. Mokhtabar appreciates your helping him so that he can move forth successfully and accomplish all his goals.

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.

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About Azerbaijan

  • $6,171
    Average annual income
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    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 Mokhtabar to purchase two baby calves and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 25, 2009
Listed
Jan 17, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 29, 2010