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Shahnaz is a 45-year-old woman. She is an internally displaced person (IDP) who lives with her family in an IDP settlement. She is married and has three daughters. She raises seasonal fruits and vegetables such as pomegranates, queen-apples, pears, and cherries. In the summer she raises fruits and in the autumn and winter she raises vegetables such as potatoes, pumpkins, and carrots.

Shahnaz's monthly income is 150 AZN. She usually sells her crops to the local market vendors. People use fresh vegetables every day and consider them healthy. Many national dishes, like pilau and dolma, are made with vegetables. Fresh fruits are served on every Azerbaijani family's table and also used to make fresh punch. Shahnaz's daughters help her a lot in raising her crops.

Shahnaz applied for a loan of 1500 AZN to buy more seeds and fertilizers. This will be her fourth 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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,919,450
    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 Shahnaz to buy seeds and fertilizers.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 26, 2012
Aug 15, 2012
Currency Exchange Loss:
Nov 17, 2013