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Shamil
Shamil, 30, is married and is on a pension. He is an internally displaced person (IDP) and lives with his family in the Bilasuvar IDP Settlement. He is the only one who earns an income in his family.

Shamil breeds chicken, geese, and turkey to sell to local butchers. He has more than five years of experience in this field thanks to his father, who taught him how to look after cattle. Shamil usually sells poultry from his house. From this business, he earns a monthly income of 120 AZN.

Each type of poultry has a season and Shamil raises his poultry accordingly. For example, chicken is popular throughout the year, geese are popular only during the winter, and turkey is popular during autumn and spring. Shamil is requesting a 1000 AZN loan to purchase more turkey, as the spring season is very close, and chicken.

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
  • 15
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Shamil to buy more turkey and chicken.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Feb 24, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014