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Aynur
Aynur is a 46-year-old woman who is married with three children. She is a farmer and is raising seasonal fruits and vegetables. She has more than 10 years of experience in this field, which makes her an experienced and skilled person in this field.

Aynur usually sells her crops in the central bazaar. People use fresh vegetables every day and consider them healthy. Many national dishes are made of vegetables, like pilau and dolma. Fresh fruits serve every table in Azerbaijan families and also make fresh punch.

Her monthly income is 80 AZN (Azerbaijani New Manat). Raising crops is taking a lot of strength and work in the open air, which is very hard for a woman, and that why her son and husband help Aynur.

She needs additional capital to invest in seeds and fertilizers. This will allow her to improve the quality of products she raises and increase her monthly turnover. For this purpose, she applied for 500 AZN. This will be her third loan, and she has a good client history.

Additional Information

More information about this loan

This loan is designed for clients residing in settlements for Internally Displaced Persons (IDPs) in Bilasuvar, Azerbaijan. An internally displaced person (IDP) is someone who has been forced to flee his or her home due to armed conflict, violence, human rights violations, or natural or manmade disasters, but who, unlike a refugee, has not crossed an international border (source: UN Office for the Coordination of Humanitarian Affairs). Many of these people have failed to qualify for loans through formal channels due to low income and lack of collateral. By funding this loan, you are creating opportunities and supporting economic development in extremely underserved communities. 

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 $650 helped Aynur to buy seeds and fertilizers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2012
Listed
Jul 26, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013