Funded

Total loan: $775
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Duman


A loan of $775 helped to buy one dairy cow and feed.


Duman's story

Duman is a 21-year-old single man. He is IDP and lives with his parents in the Bilasuvar IDP Settlement. He breeds cows and sells milk and milk products, as well as beef cattle to local butchers. Duman has three years of experience in this field, thanks to his father who taught him how to best look after cattle. He receives 80 AZN monthly in financial support from the government, but this is too low to cover his family's needs.

Duman usually buys small cattle, raises and fattens them for 5-6 months and resells them in the local livestock bazaar. He sells milk and yoghurt to the neighbors. Selling milk and beef earns him 120 AZN per month. Milk and yoghurt, as well as meat, are very popular in Azerbaijan. People use meat in everyday national dishes, such as pilau and dolma. They always use yoghurt as a sauce. Milk products are consider very healthy and are a popular part of their diet.

This represents the only financial income for his family and to makes savings for his future family when he will decide to get marry. Duman has applied for 600 AZN to purchase one dairy cow and feed.



Loan details

Loan length:

14 months
Disbursed date: January 24, 2013
Facilitated by Field Partner: Aqroinvest Credit Union

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 24, 2013
Facilitated by Field Partner: Aqroinvest Credit Union