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Tazagul
Tazagul is 42 years old and married with two children. She is an IDP (internally displaced person) and lives with her family in the Agdash IDP Settlement. She has been growing vegetables and fruits for more than eight years. She is very hardworking and passionate about her work. She considers it fun to grow potatoes, tomatoes and cucumbers, and to plant fruit trees with her husband. She sells her crops in the central bazaar to make a profit in order to support her family. Her monthly income from this business is about 130 AZN.

In order to improve the living conditions of her family, Tezegul plans to expand her business. This requires a lot of dedication and effort. She believes that in the near future her sons will help her to grow the business. Since the vegetable and fruit business is profitable and fun, she wants the business to continue and prosper. She has applied to Aqroinvest for a loan of 700 AZN. This loan is for the purpose of buying new seeds and fertilizer.

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
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,953,050
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Tazagul to buy new fertilizer and seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2013
Listed
Oct 30, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2014