A loan of $1,550 helped to buy a milk cow, a head of cattle, and fodder.

Nariman's story

Nariman is a 44-year-old man and married with four children. He is an IDP (internally displaced person) and lives in Bilasuvar IDP Settlement. Nariman has bred cattle and cows for the last 10 years. He is on pension, which is too low to cover family needs.

Nariman usually buys small calves, then raises and fattens them for 5-6 months and resells them at a more profitable price in the livestock bazaar. His monthly income is 100 AZN, and this business is the main source of financial income in his family. Beef is in very high demand in Azerbaijan and people use it in everyday dishes like pilau and dolma. Nariman also keeps milk cows for personal use and for selling to neighbors.

He wants to expand his business and improve the life conditions of his family. He has applied for a 1,200 AZN loan to purchase a milk cow, a head of cattle, and fodder. This will be his 2nd loan from Aqroinvest CU and he has a good client history.

Loan details

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Loan details