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Sahil
Sahil is a 28-year-old man, who is married and has three children. He is an internally displaced person (IDP) and lives in Bilasuvar IDP Settlement. Sahil has bred cattle and cows for the last three years. After several attempts to find a job, he gave up and decided to start his own business. With the help of his wife, he purchased his first cattle.

Sahil usually buys small calves, raises and fattens them for 5-6 months, and then resells them for a profit in the livestock bazaar. His monthly income is 200 AZN and this business is only one source of income for his family. Beef is in very high demand in Azerbaijan and people use it in everyday dishes like pilau and dolma. Sahil also keeps milking cows for personal use and for selling to neighbors.

Sahil wants to expand his business and improve living conditions for his family. He applied for a loan of 1,000 AZN to purchase one milking cow, two calves, and fodder. This will be his fourth loan from AqroInvest CU and he has a good client history.

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
  • 18
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,600
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Sahil to buy one milking cow, two calves, and fodder.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2012
Listed
Feb 13, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013