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Gulsan
Gulsan is 48 years old, married, and the mother of three kids. When she was 13, she started to learn to work in agriculture. Her parents were the ones who taught her to grow fruits and vegetables, since it was their only source of income. She has been growing vegetables and fruits for more than ten years now. She sells her crops in the central bazaar to make profits in order to support her family.

Gulsan’s income from her business is 150 AZN. In order to increase the living conditions of her family, she plans to expand her business. This requires a lot of dedication and effort. She believes in the near future, her sons will help her to expand the business. Since the vegetable and fruits business is a profitable and fun business, she wants the business to continue and prosper. Gulsen needs 1,500 AZN loan to buy fertilizers, seeds, and fruit trees. Her biggest wish is to offer her children an education so that they can have good careers and help their family. 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.

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About Azerbaijan

  • $6,171
    Average annual income
  • 16
    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 $1,925 helped Gulsan to buy fertilizers, seeds, and fruit trees.
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:
Sep 17, 2014