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Shahla
Shahla is a 52-year-old widow and she has two sons. Shahla is a teacher. She has 30 years of work experience in this field and continues her teaching activities. She teaches elementary classes and is a kind and wise woman who is greatly respected and loved by her pupils and colleagues. Her salary from this work is 120 AZN but it's not enough funds to take care of her family. Because of that, she works additionally after classes, at home with children from poor families who can't pay to study at school. Shahla needs a loan of 1,200 AZN to buy a computer, professional literature, copy–books, pencils, etc. She hopes that Kiva will help her provide an education to local poor children.

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
  • 15
    View loans »
    Azerbaijan Loans Fundraising
  • $13,995,725
    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 $1,550 helped Shahla to buy a computer, professional literature, copy–books, pencils, etc.
52% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2014
Listed
Jul 10, 2014
Currency Exchange Loss:
Possible