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Amalya
Amalya is 32 years of age. She moved from the city of Fuzuli and now lives in the Bilasuvar region with her family. Amalya is married and the mother of 2 children. She is a very successful entrepreneur who sells chicken, which brings her a stable income. Amalya is a very hardworking woman. For the past 6 years, she has been raising chickens and is very active in poultry. She usually buys small chickens, raises and fattens them for 5-6 months and then sells them for a more profitable price in the livestock bazaar. Her husband also helps her in this business because it is the only income for their family. From this business, her monthly income is 120 AZN.

In Azerbaijan chicken is in very high demand because people use it in everyday dishes like levengi, chicken soup, tabaca, kabab, etc. Amalya sells chicken eggs too. People eat chicken eggs every day for breakfast. In one day, she sells approximately 50 eggs.

Amalya has now applied for her first loan. With this money, she wants to invest in her business and buy more small chickens in order to generate more revenue.

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
  • 16
    View loans »
    Azerbaijan Loans Fundraising
  • $13,942,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $2,300 helped Amalya to buy more small chickens.
77% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2013
Listed
Nov 18, 2013
Currency Exchange Loss:
Covered