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Habil, age 30, is a cattle breeder. He is an IDP (internally displaced person) living with his wife and son in the Bilasuvar IDP Settlement. Habil breeds cows and cattle, and he sells milk and milk products as well as selling cattle for meat purposes to local butchers. He also raises sheep for meat purposes. Habil has five years of experience in this field, thanks to his father who expertly taught him how to look after cattle.

Habil usually buys small cattle, raises and fattens them for 5-6 months, and resells them at a more profitable price in the local livestock bazaar. He also sells milk and yogurt to his neighbors. Milk and meat sales bring him 100 AZN income per month. Milk and yogurt, as well as beef and mutton, are very popular products in Azerbaijan. People use meat in such everyday national dishes as pilau and dolma and always accompany these with yogurt sauce. Milk products are considered very healthy and are consumed daily.

This is the only source of financial income for the family, and Habil reports that it is not enough to cover the basic needs of his famaily. Habil has therefore applied for a loan in the amount of 2,000 AZN in order to purchase two cattle, two milk cows, and cattle fodder. This will be his second 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 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
  • 42
    View loans »
    Azerbaijan Loans Fundraising
  • $13,981,775
    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 Habil to purchase two cattle, two milk cows, and cattle fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 15, 2013
Apr 28, 2013
Currency Exchange Loss:
May 17, 2014