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Habil
Habil is 34 years old, married and the father of two children. He is an IDP (internally displaced person) and lives with his wife and children in the Bilasuvar IDP Settlement in Azerbaijan. Habil raises cattle, fattens them, and sells them for a profitable price. He has been in this business for four years. He is very kind, caring, and very energetic in his work. After high school, Habil chose not to pursue further studies, but to continue the family tradition and to enter the cattle business. This is a very profitable business, and Habil does it together with his father.

They sell meat at the central bazaar for profits. In Azerbaijan, there is a high demand for meat because it is used in a lot of meals, such as kufta (soup), kababs, dolma, etc. His income from this business is 100 AZN per month. In order to fully support the family, Habil is looking forward to expanding the business and making it a very successful one.

To do this, he has applied for a loan of 1,800 AZN from Aqroinvest Credit Union. Habil, with his young age and great passion and energy, plans to become a successful businessman in the town. He appreciates your support.

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
Expired
A loan of $2,300 helped Habil to buy more calves.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2013
Listed
Jun 2, 2013
Currency Exchange Loss:
Covered
Expired:
Jul 2, 2013