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Ehtiram
Ehtiram is 53 years old and married. He is bringing up three sons. Like any loving father, Ehtiram wants his children to get an education and to become self-sufficient. He is doing his best to provide for them and to give them an education. For about two years, he has been involved in raising animals. Previously, such a thing was for him only a hobby, but now it has become a real profession. At the same time he runs a meat shop. His monthly income from this business is 200 AZN.

Now, Ehtiram is requesting a loan of 2,000 AZN to buy small calves. In this way, he wants to increase his cattle count and to expand his activities.

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.

Tags

About Azerbaijan

  • $6,171
    Average annual income
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,951,900
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,575 helped Ehtiram to buy small calves.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2013
Listed
Nov 15, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2014