Check out some available loans that are similar to this one!
Nurlan
Nurlan is a 30 year-old married man with one child. He is an IDP (internally displaced person) and lives with his family in the Bilasuvar region. Nurlan is the sole provider for his family. Nurlan owns a barber shop. He established his business in 2010 and has gained much experience in this field. He is well-known in the surrounding area thanks to his good customer care and his affordable prices. Now Nurlan is applying for a youth loan of 600 Azn . The aim of this loan is to buy 2 new hair-cutting chairs and install a display window for his barber shop. This is going to be his 4th loan and he has a good client history.

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
  • 12
    View loans »
    Azerbaijan Loans Fundraising
  • $13,942,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Nurlan to buy 2 new hair-cutting chairs and install a display window for his barber shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2013
Listed
Dec 22, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2014