Safura usually sells her crop from her house. People use fresh vegetables everyday and consider them healthy. Many national dishes are made of vegetables, like pilau and dolma. Fresh fruits are served at every table in an Azerbaijan family and they also make fresh punch. Her monthly income is 120 AZN. Raising crops takes a lot of strength and, working in the open air, is very hard for a woman. That why her spouse helps.
Safura needs additional capital to invest in seeds and fertilizers as well as new garden tools. This will allow her to improve the quality of products she raisea and to increase her monthly turnover. For this purpose she has applied for 1500 AZN. This will be her second loan and she has a good client history.
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 AqroinvestAqroinvest 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.
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