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Reyhan
Reyhan, 57, is a married woman. She is a kind and industrious person. She has two children, one married daughter and a 21-year-old son. She sells food in a food stall. She sells a variety of foodstuffs, including dumplings, flat breads, and sweets. With the support of her husband, during the past 10 years she has gained much business experience in her field. With the profits earned from the business, she funded the wedding parties of her daughter and provided her with a dowry. She is an intelligent and brainy woman who says, "I will do all the best for my family." She is requesting a loan to purchase food ingredients to resell at her stall, such as wheat flour, cooking oil, rice, sugar, and beans. She awaits 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
  • 29
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Reyhan to purchase food ingredients to resell at her stall.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jul 2, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2014