A loan of $2,550 helped to pay for special equipment to rent and for labor.

Baxsheyish's story

Baxsheyish is 63 years old and on a pension. He breeds cows for milk purposes and has 20 years of experience in this field. He is married and has one son who helps him run the business. He has regular customers and his business brings him a stable income of 150 AZN. However, there is only one problem he has which is the lack of water. Several years ago he bought land for cultivating vegetables, but it is still unused because there was no water for irrigation. Meanwhile, to water his cows, he pastures them at the nearest river about 1 kilometer away.

When he heard about water loans he was extremely excited and applied for a 2000 AZN loan. Building a water channel is quite an expensive process which requires labor and special equipment. He will use this loan to pay for special equipment rentals, like a tractor, to build the water channel and for workers who will dig the land. This will be his second loan and he has good client history.

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Loan details