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Ilham
Ilham is a 40-year-old married person who has two sons. Ilham is an IDP (internally displaced person). He has worked very hard his whole life. He is a simple farmer who works tirelessly to provide for his family. Each year, he sets some new goals for himself. And, thanks to his perseverance, he achieves them.

Ilham's objective is to be a serious farmer. With this goal in mind, he has requested a loan of 2,000 AZN and he is hoping to receive your help. Having had cattle at home for domestic use for many years, he knows everything there is to know about livestock and raising cattle. He has to provide the animals' feed and will raise the crops himself this year, as the cost is expensive at the bazaar in the cold months.

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
  • 26
    View loans »
    Azerbaijan Loans Fundraising
  • $13,992,500
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Expired
A loan of $2,550 helped Ilham to buy animal feed.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2013
Listed
Dec 22, 2013
Currency Exchange Loss:
Covered
Expired:
Feb 20, 2014