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Afqan is a 46-year-old, married refugee. He has lived with his wife, a daughter, and two sons in a settlement for internally displaced persons for a long time. His wife is a housekeeper and educates children. Sometimes she helps Afqan with farming. He has been working as a farmer for 22 years, and this is the main source of the family’s income. He raises seasonal fruits and vegetables and sells them at the local bazaar. His monthly income is 300 AZN.

Afqan loves his job very much, and he knows everything about his customers’ demands. He knows that people prefer to buy fresh products from private gardens because they are always fresh and cheap. They like to eat the fruit fresh or make a juice, pie, or jam for tea.

Afqan’s income is too low to cover his cost of living, and it's especially hard for him as a refugee. He has applied for a loan of 1100 AZN in order to buy fertilizers and potentially increase his seasonal harvest. He hopes that this loan will help him to increase his earnings from farming and cover all of the family's needs.

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.


About Azerbaijan

  • $6,171
    Average annual income
  • 11
    View loans »
    Azerbaijan Loans Fundraising
  • $13,933,925
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,425 helped Afqan to buy fertilizers.
55% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Mar 17, 2014
Mar 29, 2014
Currency Exchange Loss: