Tehran has more than fifteen years of experience in livestock breeding, thanks to his father who taught him the best ways to look after sheep. He usually buys lambs, raises and fattens them in four to five months, then sells them at a profit at the local livestock bazaar.
In Azerbaijan people use meat in everyday national dishes such as pilau and dolmas and always use yoghurt for a sauce. Mutton is considered to be part of a healthy daily diet, while wool is used by local women to make blankets and bed mattresses.
Tehran is applying for a 1,500 AZN loan through Aqroinvest to buy thirteen sheep plus fodder for them. This will be his second loan, and he has a good client history.
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.
You can join Aqroinvest's Kiva lending team, Aqroinvest Dostları (Friends of Aqroinvest), and become a fan of the organization on Facebook here.
28View loans »