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Sharif
Sharif 45 years old, married, and the father of 2 children. He is an IDP (internally displaced person) and lives with his wife and children in the Bilasuvar IDP Settlement. He is a Jabrayili refugee.

He is repairing cars in his garage and he also does welding for the maintenance of the cars. He has been doing this job for more than 14 years. Sharif says that it’s very hard work but to take care of his family he must work. His profit from this business is about 100 AZN a month.

Sharif wants to take a loan because he requires new equipment and machinery in his garage. With a good loan history, he has applied for second loan of 2,000 AZN. He 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.

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
Expired
A loan of $2,550 helped Sharif to buy new equipment and machinery for his garage.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jul 6, 2013
Currency Exchange Loss:
Covered
Expired:
Aug 5, 2013