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Cahangir
Cahangir is 36 years old, married, and the father of four children. He is an 'internally displaced person' (IDP), and lives with his wife and children in the Bilasuvar IDP Settlement. Cahangir is a Fuzulu refugee.

He raises cattle, fattens them, and sells them for a profit; he has been in this business for 12 years. Cahangir is very kind and caring, and is also very energetic in his work. Cahangir chose not to study since high school, but to continue the family tradition and to do this business. This is a very profitable business, and he is doing it together with his wife.

Cahangir sells meat at the central bazaar for profit. 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 195 AZN per month.

In order to fully support the family, Cahangir is looking forward to expanding the business and making it very successful. With a good loan history, he has applied for his sixth loan of 2000 AZN.

He hopes to buy small calves with the loan. 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.

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About Azerbaijan

  • $6,171
    Average annual income
  • 11
    View loans »
    Azerbaijan Loans Fundraising
  • $13,933,925
    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 Cahangir to buy small calves.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jun 13, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013