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Tamella is a 57-year-old widow and mother of 4 kids. For the past 10 years, she has worked as a market vendor selling goods such as flour, beverages, macaroni, butter and candies. Tamella has a deep knowledge of the market and client demand. She also breeds cattle. Tamella's food products are very popular and in high demand and she earns 200 AZN monthly. Her sons help with purchasing products and bringing them to the shop. This business is the sole income for her family. Tamella is a very successful entrepreneur and her shop is in a good location in the central bazaar of her home city.

Now she is requesting a loan of 1,900 AZN to purchase more food products and diversify the range of goods she offers to meet customer demand.

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
  • 17
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 Tamella to purchase more food products and diversify the range of goods she offers to meet customer demand.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 6, 2013
Sep 14, 2013
Currency Exchange Loss:
Mar 17, 2015