Funded

Total loan: $2,525
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Arastun


A loan of $2,525 helped to purchase three cows.


Arastun's story

Arastun K. lives in the Imishli district. He is a 30-year-old married man who has one son and one daughter, ages 5 and 2. Arastun has been engaged in a cattle-breeding business for over 4 years. In the past he was the main helper of his father, who is a farmer. Arastun was married in 2004 and decided to start his own business at that time.

He requested a loan in the amount of 2,000 AZN to purchase three more cows to raise and sell. This is his first loan through AqroInvest and Kiva. Arastun is very thankful because the income from this loan allowed him to increase the monthly income of his family up to 300 AZN. He plans to purchase at least ten more dairy cows in the next three years.



Loan details

Loan length:

20 months
Repayment schedule: Irregularly
Disbursed date: January 28, 2011
Facilitated by Field Partner: Aqroinvest Credit Union

Lenders and lending teams



Loan details

Loan length:

20 months
Repayment schedule: Irregularly
Disbursed date: January 28, 2011
Facilitated by Field Partner: Aqroinvest Credit Union