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Natavan
Natavan is 37 years old and a mother of 2 sons. She is an internally displaced person (IDP) who lives with her husband and children in the Bilasuvar IDP Settlement. She has dedicated 12 years of her life to agriculture. Natavan usually buys small calves, raises and fattens them for 5-6 months, and then sells them for profit in the livestock bazaar. Her monthly income is 100 AZN and this business is the only source of financial income for her family. Beef is in very high demand in Azerbaijan and people use it in everyday dishes like pilau and dolma. Natavan also keeps dairy cows for personal use and for sale to her neighbors.

Natavan has already taken 3 loans from Aqroinvest in the past. With a good loan history, she has applied for a 4th loan (1,600 AZN) in order to purchase three cattle and one dairy cow. With this money, she wants to expand her business and improve her family’s life conditions. Natavan 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
  • 43
    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 $2,050 helped Natavan to purchase 3 cattle and one dairy cow.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jul 6, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2014