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Sevinc is 43 years old, married and has three children. She is an internally displaced person (IDP) and lives with her family in Bilasuvar IDP Settlement. She breeds cattle and sells milk and milk products as well as cattle for meat purposes to local butchers. Sevinc has more than eight years of experience in this field thanks to his father, who taught her how to best look after cattle. Her husband works as builder and receives an 80 AZN salary, which is too low to support the family.

Sevinc usually buys calves, raises and fattens them over five to six months, and resells them for a profitable price at the local livestock bazaar. She sells milk and yogurt to neighbors. Milk and meat selling brings in 210 AZN per month. Milk and yogurt, as well as beef and mutton, are very popular products in Azerbaijan. People use meat in everyday national dishes such as pilau and dolma and always use yogurt sauce. Dairy products are considered to be very healthy and are present in everyday life.

The family's income is not enough to cover basic needs of her beloved children. Sevinc applied for 1600 AZN to purchase three cattle and one milk cow. This will be her second loan and she has a good client history.

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 in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $10,800
    Average annual income
  • 27
    View loans »
    Azerbaijan Loans Fundraising
  • $14,860,125
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,050 helped Sevinc to buy three cattle and one milk cow.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 1, 2012
Oct 26, 2012
Currency Exchange Loss:
Nov 17, 2014