Funded

Total loan: $2,550
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Gunay


A loan of $2,550 helped to buy seeds and fertilizers and new garden tools.


Gunay's story

Gunay is 25-year-old married woman with one son. She is an IDP (internally displaced person).

She is farmer who raises seasonal fruits and vegetables. She is a skilled person in this field with five years of experience. Her husband is a builder, but his salary of 60 AZN is too low to cover family needs. He helps her with the farming.

Gunay usually sells her crop in the central bazaar every two weeks. People use fresh vegetables everyday and consider them healthful. Many national dishes made of vegetables, like pilau and dolma. Fresh fruits are served at every table in Azerbaijan and are also used to make fresh punch. Her monthly income is 150 AZN.

She needs additional capital to invest in seeds and fertilizers and new garden tools. This will allow her to improve the quality of products she raises and increase her monthly turnover. For this purpose she applied for 2,000 AZN. This will be her second loan and she a has good client history.



Loan details

Loan length:

14 months
Disbursed date: November 5, 2012
Facilitated by Field Partner: Aqroinvest Credit Union

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: November 5, 2012
Facilitated by Field Partner: Aqroinvest Credit Union