Rafail manages planting and harvesting fruits and vegetables on his own land. He has been involved in farming for 17 years.
He is the only breadwinner of the family. To meet his family's everyday needs, he is working every day. His wife and elder son assist him greatly in his horticultural activities.
To be able to continue his agribusiness in a sustainable way, Rafail needs a loan of AZN 1,000 to purchase seeds and fertilizer. He and his family are very thankful to all the lenders for helping them sustain their agribusiness.
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 AqroinvestAqroinvest 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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