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Bahar is a 52-year-old woman who is married and has five children. She is an internally displaced person (IDP) and lives with her family in an IDP settlement. She is a very hardworking and kind woman. She is a cattle breeder and breeds cows and cattle for milk and meat purposes. She has 15 years of experience in this field, which makes her an experienced farmer with a deep knowledge of the market and her customers' needs.

Bahar makes homemade yoghurt and sells it, as well as fresh milk, to her neighbors and local vendors. She also raises cattle for meat purpose and sells to the butchers in the settlement. Beef is in very high demand in Azerbaijan and people use it in everyday dishes like pilau and dolma. Her monthly income is 150 AZN. Her husband is also working; however his income as a workman is too low to cover the family's needs.

To increase her income and improve her financial situation she applied for loan of 1500 AZN. She is going to buy two cattle and one milking cow. 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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Bahar to buy two cattle and one milking cow.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 26, 2012
Aug 15, 2012
Currency Exchange Loss:
Sep 17, 2013