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Zuleyxa
Zuleyxa is 47, a married woman with two children .She is an IDP (internally displaced person) and she lives with her family in Bilasuvar IDP Settlement. She moved from the city of Fuzuli and now lives in the Bilasuvar IDP Settlement.

Zuleyxa couldn’t get a higher education and, because of that, she decided to start her own business. For that she chose farming. She is growing fruits and vegetables in her own yard. Her husband helps her, too.

She wants to expand her business. The amount of products she sells is not enough to cover the high demand. She would like to grow more fruits and vegetables to increase her turnover as well as to improve the living conditions of her family. For this purpose, she has applied for a AZN 2,000 loan to buy farming supplies. This will be her first loan.

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 in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

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About Azerbaijan

  • $10,800
    Average annual income
  • 17
    View loans »
    Azerbaijan Loans Fundraising
  • $14,239,475
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,550 helped Zuleyxa to buy farming supplies.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2013
Listed
Dec 24, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2015