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Maftuna
Maftuna is 30 years old and married with two children. Maftuna is an IDP (internally displaced person) and lives with her husband and children in the Bilasuvar IDP Settlement.

She has been running a business of selling milk for many years. Over time, she has become famous in her area for providing good-quality milk. She has a good client list and makes enough to contribute to her family's income.

Maftuna has two children and is very motivated to provide them a beautiful life, a good education, food and clothing. She has improved her business to meet the day-to-day expenses of life.

This is Maftuna's fourth loan. She is happily running her business through support of it. Now she requested a loan of 1,800 AZN to buy cows.

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
  • 45
    View loans »
    Azerbaijan Loans Fundraising
  • $13,976,150
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,300 helped Maftuna to buy cows.
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:
Jan 17, 2015