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Qardashxan
Qardashxan is a 58-year-old man who is married with three sons. He is an internally displaced person (IDP). For the past 20 years, Qardashxan has been engaged in cattle breeding and he sells milk and dairy products to the local vendors. Milk and milk products are in high demand and provide a stable income. Qardashxan earns 230 AZN each month.

Qardashxan is requesting a 2,000 AZN loan to purchase a milk cow and a calf to increase his sales. This is his third loan and he has a good loan history. Qardashxan 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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,991,525
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,550 helped Qardashxan to purchase a milk cow and a calf to increase his sales.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2013
Listed
Aug 12, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 20, 2015