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Ofeliya is 35 years old, married and mother of two kids. She is an IDP (internally displaced person) and lives with her husband and children in the Bilasuvar IDP Settlement. Her husband is a worker but he doesn’t get a good salary, and because of that she is raising cattle and selling them for meat. This is the only financial income for their family.

For that reason, Ofeliya is trying to expand her business together with her husband without any difficulty. She is very kind, caring and also very energetic in her work. Ofeliya raises cattle, fattens them and sells them for a profitable price.

She sells meat at the central bazaar for a 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. Her income from this business is 180 AZN per month. In order to fully support the family, Ofeliya is looking forward to expanding the business and making it a very successful business.

She has, for a second time, applied for a loan of 1900 AZN with Aqroinvest, to buy four calves. Ofeliya, at this very young age and with a great passion and energy, plans to become a successful businesswoman in the town.

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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,953,050
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,425 helped Ofeliya to buy four calves.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 19, 2013
Jul 8, 2013
Currency Exchange Loss:
Jan 17, 2015