A loan of $2,550 helped to pay for special equipment to dig a channel and to hire laborers.

Humbat's story

Humbat is a 53 year old man who lives in IDP Settlement with his wife and four children. He is a farmer and raises crops. He has 18 years of experience in this field. His son helps him to run the business. Humbat has permanent customers for selling crops to, and his monthly income is 100 AZN.

The IDP Settlement where Humbat lives is newly built by the government, and is located in the southern part of Azerbaijan where there are very rigorous climate conditions. In summer, the temperature reaches 105 degrees Fahrenheit. The main problem in the region is water for irrigation and for animals.

Humbat is not able to a build a water channel for his garden alone. This is quite an expensive process which requires a labor force and special equipment. He was extremely excited about water loans provided by AqroInvest, and applied for a 2000 AZN loan. He will use this loan to pay for special equipment, like a tractor, for making a water channel and to pay for workers who will dig the land.

Loan details

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Loan details