Check out some available loans that are similar to this one!
Yadulla
Yadulla is a 49-year-old married man and has four children. He is an IDP (internally displaced person), and lives with his family in Bilasuvar IDP Settlement. He breeds cows and cattle, and he sells dairy products, as well as cattle for beef to local butchers. Yadulla has more than 12 years of experience in this field, thanks to his father, who taught him the best way to look after cattle.

Yadulla usually buys calves, raises and fattens them in five to six months, and resells them from his house, for a profitable price, to butchers. Milk and yogurt he sells to the neighbors. Selling dairy products and meat brings 80 AZN per month in income. Milk, yogurt, and meat are very popular in Azerbaijan. People use meat in everyday national dishes, such as pilau and dolma, and always use yogurt sauce. Milk products are considered very healthy and are also present in everyday life.

Yadulla's is the only income in his family, and it is not enough to cover the basic needs of his beloved children. Yadulla applied for a loan of 1750 AZN to purchase three beef cattle, one milking cow, and fodder.

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
  • $13,942,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Expired
A loan of $2,250 helped Yadulla to buy three beef cattle, one milking cow, and fodder.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 1, 2012
Listed
Oct 26, 2012
Currency Exchange Loss:
Covered
Expired:
Nov 25, 2012