Check out other loans that are currently fundraising!
Kazim
Kazim is 45 years old and married with three children. He is an IDP (internally displaced person) and lives with his wife and children in the Bilasuvar IDP Settlement. He is a Fuzuli refugee.

For past ten years, he has been raising sheep because mutton is in high demand in this region. Kazim is a retired person with an income of 100 AZN monthly from this business. This is a very profitable business and Kazim is doing it together with his wife.

He is keeping a flock of sheep in his own yard. He fattens them and takes their meat to the central bazaar, where butchers and customers purchase from him. People use mutton for traditional dishes like kababs, dolmas, pilovs, etc.

He has taken loan from Aqroinvest before and has a good loan history. This is going to be his third loan. This time he requires 1,700 AZN in order to purchase 12 sheep s that he can sell more meat in the summer. He is optimistic about this loan, because in summer, more people consume meat due to holidays and increased customers in restaurants.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Expired
A loan of $2,175 helped Kazim to purchase 12 sheep in order to sell more meat in the summer.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2013
Listed
May 28, 2013
Currency Exchange Loss:
Covered
Expired:
Jun 27, 2013