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.
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.
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