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Shirin, 42, is married and has three children. He is an IDP (internally displaced person) and lives with his family in Bilasuvar IDP Settlement. He breeds cattle to sell to local butchers and raises cows for their milk and milk products. He also raises sheep for their meat. His work is his family’s only income.

Shirin has fifteen years of experience with livestock, thanks to his father who taught him the best way to look after his animals. He usually buys young cattle, raises and fattens them for five to six months and then sells them at a profit in the local livestock bazaar. He also sells milk and yoghurt to his neighbors. Altogether, these activities brings in 250 AZN a month but is not enough to cover the basic needs of his beloved children.

Milk and yoghurt as well as beef and mutton are very popular in Azerbaijan. People use meat in everyday national dishes such as pilau and dolmas and always use yoghurt as a sauce. Milk products are considered to be very healthy and are also present in everyday life.

Shirin is applying for a 1500 AZN loan through Agroinvest to buy three head of cattle, one milk cow plus some fodder. This will be his fourth loan, and he 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 in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $10,800
    Average annual income
  • 27
    View loans »
    Azerbaijan Loans Fundraising
  • $14,289,125
    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 Shirin to buy three head of cattle, one milk cow plus some fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 2, 2013
Apr 9, 2013
Currency Exchange Loss:
Aug 17, 2014