Gulpari usually sells her crop in the central bazaar once every two weeks, and earns 130 AZN a month. In Azerbaijan, people use fresh vegetables everyday and consider them healthy, and many national dishes, like pilau and dolma, are made of vegetables. Fresh fruits are also served on every table in Azerbaijan and are used to make fresh punch.
She is requesting a loan for 800 AZN to buy seeds and fertilizers. This will allow her to improve the quality of products she raises and increase monthly output. This will be her third loan, and she has repaid the others fully and on time.
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.
You can join Aqroinvest's Kiva lending team, Aqroinvest Dostları (Friends of Aqroinvest), and become a fan of the organization on Facebook here.
12View loans »