Check out some available loans that are similar to this one!
Jamalladin
Jamalladin is a 57-year-old man. He is married and has four children. He is farmer and has been raising seasonal fruits and vegetables for the last 26 years.

His primarily crops are fruits, which are very popular fresh and in juice. He chose this business because it is profitable, and fresh crops are in high demand. People use fresh vegetables every day and consider them healthy. Many national dishes, like pilau and dolma, are made from vegetables. Fresh fruits are served at every table in Azerbaijan families, and also are used to make fresh punch.

Jamalladin sells his crops in the bazaar. His monthly income is 100 AZN. His wife actively helps him to raise the crops.

As these products are in high demand, Jamalladin wants to expand his business and produce more fruits and vegetables to cover the market demand. For this purpose, he applied for 1,500 AZN. He will buy new garden tools, seeds and fertilizers.

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
  • 36
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Jamalladin to buy new garden tools, seeds and fertilizers.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2013
Listed
Apr 8, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2014