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

Mulkadar's story

Mulkadar is a 31-year-old farmer who breeds cattle for milk and meat purposes. He is married and has 2 sons. His elder son helps him a lot in his business. He has 8 years of experience in this field and his financial income is 530 AZN.

The village where Mulkadar lives is located in the southern part of Azerbaijan with very rigorous climate conditions. In the summer, temperatures can reach 105 degrees Fahrenheit. The main problem in the region is water for irrigation and animals. Mulkadar is not able to build a water channel for his animals alone. This is quite an expensive process which requires a labor force and special equipment. When he heard about water loans he was extremely excited and applied for a 2,000 AZN loan. He will use this loan to build the water channel, including tractor rental and paying for labor.

Loan details

Lenders and lending teams

Loan details