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Shafa
Shafa is 34 year old and is a mother of 3 beautiful girls. She is a farmer and raises seasonal fruits and vegetables. She has 6 years of experience in this field, which makes her an experienced and skilled person in this field.

Shafa usually sells her crop to the market vendors in her area. People use fresh vegetables every day and consider them healthy. Many national dishes are made of vegetables, like pilau and dolma. Fresh fruits are served on every table in the Azerbaijan family and also make fresh punch. Her monthly income is 100 AZN. Raising crops takes a lot of strength, in addition to working in the open air. This is very hard work, which is why her daughters helps her.

She needs additional money to invest in seeds and fertilizers. This will allow her to improve the quality of products she raises and increase her monthly turnover. For this purpose, she has applied for 1500 AZN. This is going to be her first loan.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,919,450
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Shafa to invest in seeds and fertilizers.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2013
Listed
Oct 27, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2014