Check out some available loans that are similar to this one!
Sevinc is 43 years old, married and has three children. She is an internally displaced person (IDP) and lives with her family in Bilasuvar IDP Settlement. She breeds cattle and sells milk and milk products as well as cattle for meat purposes to local butchers. Sevinc has more than eight years of experience in this field thanks to his father, who taught her how to best look after cattle. Her husband works as builder and receives an 80 AZN salary, which is too low to support the family.

Sevinc usually buys calves, raises and fattens them over five to six months, and resells them for a profitable price at the local livestock bazaar. She sells milk and yogurt to neighbors. Milk and meat selling brings in 210 AZN per month. Milk and yogurt, as well as beef and mutton, are very popular products in Azerbaijan. People use meat in everyday national dishes such as pilau and dolma and always use yogurt sauce. Dairy products are considered to be very healthy and are present in everyday life.

The family's income is not enough to cover basic needs of her beloved children. Sevinc applied for 1600 AZN to purchase three cattle and one milk cow. This will be her second 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 $2,050 helped Sevinc to buy three cattle and one milk cow.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 1, 2012
Oct 26, 2012
Currency Exchange Loss:
Nov 17, 2014