Check out some available loans that are similar to this one!
Taleh
Taleh is a 32-year-old IDP who lives in the Bilasuvar IDP Settlement with his wife and one son. He is a farmer who has raised seasonal fruits and vegetables for the last 7 years. During this time, Taleh has gained enough skills and experience to run the business. He chose this crop because it is profitable and fresh fruits and vegetables are in high demand.

In Azerbaijan, people use fresh vegetables daily and consider them healthy. Many national dishes, such as pilau and dolma, are made of vegetables. Fresh fruits are served at every family's table and are also used to make fresh punch.

Taleh usually sells his crop in the central bazaar. His monthly income is 100 AZN. As his products are in high demand, Taleh wants to expand his business and produce more fruits and vegetables. He has therefore applied for a loan of 2,000 AZN to buy new garden tools, seeds and fertilizers. Taleh has a good client history and this will be his fourth loan.

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 $2,550 helped Taleh to buy new garden tools, seeds and fertilizers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2012
Listed
Dec 3, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 19, 2013