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Samir is 33 years old and married with a daughter and two sons. He and other members of his family are refugees and have lived in an IDP (Internationally Displaced Persons) settlement for a long time. He is a farmer and has nine years of experience in this industry. He harvests and sells seasonal fruits and vegetables. His monthly income is 160 AZN.

Azerbaijan cuisine is very rich and various. People cook different delicious national dishes using vegetables, such as badimjan dolmasi and yarpagh dolmasi. They use fruits to prepare different kinds of fresh juices and jams. They like to eat jam while drinking tea.

Samir’s income isn’t enough to cover his family’s expenses. He needs to pay for his children's education and utility costs, as well as covering other expenses. He applied for 2,000 AZN loan in order to supply new kinds of fruits and vegetables and to make his green grocery’s assortment wider. He hopes that this will increase his income somehow.

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.


About Azerbaijan

  • $10,800
    Average annual income
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $14,255,775
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,550 helped Samir to supply new kinds of fruits and vegetables.
83% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Feb 12, 2014
Feb 17, 2014
Currency Exchange Loss: