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Bahruz
Bahruz is a 28-year-old married man with two daughters. He is an IDP (internally displaced person) and lives with his family in Bilasuvar IDP Settlement. He breeds sheep for meat and fur purposes and sells them to local butchers. Bahruz has more than 5 years of experience in this field, thanks to his father who taught him the best of how to look after sheep. He receives 90 AZN of financial support from the government monthly, but this is too low to cover family needs.

Bahruz usually buys lambs, raises and fattens them and resells them in 4-5 months at a more profitable price in the local livestock bazaar. His monthly income is 110 AZN. People use meat in everyday national dishes as pilau and dolma and always use yogurt sauce. Mutton is considered as very healthy and is also present in everyday life. Fur is very useful for blankets and bed mattresses made by local woman.

This is the only source of income for his family. Bahruz applied for 1000 AZN to purchase 12 sheep and fodder. This will be his third loan and he has good credit 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
  • 20
    View loans »
    Azerbaijan Loans Fundraising
  • $13,949,625
    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 Bahruz to buy 12 sheep and fodder.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2012
Listed
Jul 7, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013