Tuesday, September 02, 2008

Our Kiva update

Here's the department's most recent Kiva loan:



Rafiqa Qafarova is a 47-year-old woman who breeds calves and, at the same time, sells milk to local people. She is married and has 4 children. Rafiqa started her business in 1982 in her home village in the Imishli region. As she and her husband are unemployed, her business in the only financial resource for her family.

Rafiqa would like to expand her business which can help her to increase her income and improve her family's living conditions. For this purpose she has applied for US$ 1200 to purchase a milch cow for US$ 800 and two calves for US$ 200 each.

If you Kiva, don't forget to reinvest that money once it comes back--the department is now on its third loan.