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Ulviyya is a 26-year-old woman who is married with one son. She is an IDP and lives in the Bilasuvar IDP Settlement. Ulviyya has been breeding cattle for the last 4 years. She was a housewife, but her husband's salary was too low to cover the family's needs, so Ulviyya decided to start her own business. She receives 80 AZN in financial support from the government monthly, but this is too low to cover the family's needs.

Ulviyya usually buys calves, raises and fattens them for 5-6 months, and then sells them for a profitable price at the livestock bazaar. Her monthly income is 150 AZN, and this business is the main source of income for her family.

Meat is in very high demand in Azerbaijan, and people use it in everyday dishes like pilau and dolma.

She wants to expand her business and improve the living conditions of her family. She applied for a 2,000 AZN loan to purchase five cows. This will be her fourth 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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,951,900
    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 Ulviyya to buy five cows.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Mar 1, 2013
Mar 14, 2013
Currency Exchange Loss:
Oct 17, 2014