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Mushviga
Mushviga is 48 years old and married with a daughter and a son. The family is IDP and has lived in an IDP settlement for a long time. Her husband is a driver. Mushviga has been earning money from farming for 20 years and has gained good skills. She raises crops and seasonal fruit trees (quince, persimmon, etc.). Her monthly income is 200 AZN. She gets additional income by raising hens and cocks.

Quince and persimmon are very delicious and useful fruits, especially when fresh. People like these fruits because of their taste and use them for preparing jams and juice.

Mishviga needs money to repair her house. She applied for 1500 AZN loan in order to buy new fertilizers and garden tools. She plans to increase her income and be able to repair her house in the future and make it better. This is her second loan and she has a positive 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 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
  • 23
    View loans »
    Azerbaijan Loans Fundraising
  • $14,255,775
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,925 helped Mushviga to buy new fertilizers and garden tools.
97% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2014
Listed
Mar 13, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015