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Mahammad, 49, is married and has three children. He receives a pension. He is an internally displaced person (IDP) and lives with his family in the Bilasuvar IDP Settlement. Mahammad is the only person in his family to earn an income.

Mahammad breeds cattle to sell to local butchers. Additionally, he sells milk and milk products. Mahammad has more than 20 years of experience in this field, thanks to his father, who taught him how to best look after cattle.

Mahammad usually buys small cattle and raises and fattens them up for five to six months. Then, he resells them for a profitable price at the local livestock bazaar. He sells the milk and yoghurt to his neighbors. Selling milk and beef allows Mahammad to earn 120 AZN per month.

Milk and yoghurt, as well as beef, are very popular products in Azerbaijan. People use beef in everyday national dishes, such as pilau and dolma, and always use yoghurt sauce. Milk products are considered to be very healthy and are also eaten in everyday life.

Mahammad's income is not enough to cover the basic needs of his beloved children. He is applying for a1200 AZN loan to purchase one dairy cow, one beef cow, and fodder.

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
  • 28
    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 $1,550 helped Mahammad to buy one dairy cow, one beef cow, and fodder.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Feb 15, 2013
Feb 24, 2013
Currency Exchange Loss:
May 17, 2014