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Shamil
Shamil is 39 years old and lives with his wife, three children and retired parents. Samil has a big family and numerous problems. Together with his wife, they just do their best to provide normal living conditions for all of them. Samil is an IDP (internally displaced person) and lives with his family in the Bilasuvar IDP settlement.

He raises sheep and sells them for meat. He has been doing this business for six years and is a very hardworking person. He puts a lot of effort into this activity, because he wants to support his family without lacking financially.

Samil is keeping a flock of sheep in his own yard. He fattens them and takes their meat to the central bazaar, where butchers and customers purchase it. People use mutton for traditional dishes like kababs, dolmas, pilovs, etc.

This is going to be his fifth loan. He requires 2,000 AZN to purchase 15 sheep in order to sell more meat in the winter. Shamil is optimistic about this loan, because in winter more people consume meat, due to the holidays and increased customers in restaurants.

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
  • 14
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Expired
A loan of $2,550 helped Shamil to purchase 15 sheep in order to sell more meat.
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