Funded

Total loan: $1,925
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Gila


A loan of $1,925 helped to buy two calves, one milking cow and fodder.


Gila's story

Gila is 47 years old and a married woman, who has four children. She is an IDP and lives in Bilasuvar IDP Settlement. Gila has been breeding cattle and cows for the past 10 years. She was a housewife, but her husband is unemployed, and her business helps to cover family needs.

Gila usually buys small calves, raises and fattens them for 5-6 months, and then resells them for a profitable price in the livestock bazaar. Her monthly income is 90 AZN, and this business is the only source of financial income in her family. Meat is in very high demand in Azerbaijan, and people use it in everyday dishes, like pilau and dolma. Gila also keeps milking cows for personal use and for selling milk to neighbors. She wants to expand her business and improve the life conditions of her family. She applied for a loan of 1,500 AZN. She plans to purchase two calves, one milking cow, and fodder, with her loan funds. This will be her third loan, and she has a good credit history.



Loan details

Loan length:

7 months
Disbursed date: April 2, 2013
Facilitated by Field Partner: Aqroinvest Credit Union

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: April 2, 2013
Facilitated by Field Partner: Aqroinvest Credit Union