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Nayila
Nayila is a 54-year-old married woman. She is an IDP (internally displaced person) who lives with her family in Bilasuvar IDP Settlement. Nayila and her husband are raising 5 children and both of them work hard to meet their needs. To cover their expenses, they are engaged in breeding livestock (cows and hens) and cultivating apricots, apples, pears and walnuts.

At present, it is very difficult for the family to fully cover their needs. Therefore, Nayila wants to increase their livestock a little bit. She needs a loan of 2,000 AZN to purchase two steers and forage for them. Nayila and her husband rely on the good will of lenders and will be thankful to them for helping them sustain their lives.

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.

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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
Paying Back

This loan has been fully funded!

A loan of $2,550 helped Nayila to purchase two steers and forage for them.
72% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2013
Listed
Dec 24, 2013
Currency Exchange Loss:
Covered