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Ahila
Ahila is 55 years old and is married with a daughter and three sons. The members of family are refugees and live in an internally displaced people's settlement. Her husband is a taxi driver but the main source of the family’s income is husbandry. She has been breeding cows for 30 years and her monthly income is 120 AZN.

Ahila has two cows; she raises and fattens them. Then she makes diary products (butter, milk, cheese, yoghurt) and sells them at the local bazaar. People have high demand for diary products because they are very useful for health. They buy these products every day.

Ahila has to repair the cows' stable and buy good corn for cattle. She applied for 1,500 AZN in order to purchase quality fertilizers for grass and increase cattle’s productivity.

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.

Tags

About Azerbaijan

  • $6,171
    Average annual income
  • 32
    View loans »
    Azerbaijan Loans Fundraising
  • $13,959,400
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,925 helped Ahila to purchase quality fertilizers for grass and increase cattle’s productivity.
44% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2014
Listed
May 21, 2014
Currency Exchange Loss:
Possible