When she was 13, she started to learn to work in agriculture. Her parents taught her to grow fruits and vegetables, since it was their only source of income. She has been growing vegetables and fruits for more than 10 years now. She sells her crops in the central bazaar to make profits in order to support her family.
Naiba’s income from her business is 150 AZN.
In order to improve the living conditions of her family, she plans to expand her business. This requires a lot of dedication and effort. She believes that in the near future her children will help her to expand the business. Since the vegetable and fruits business is profitable and a fun business, she wants the business to continue and prosper.
Naiba needs a 2,000 AZN loan to buy fertilizers, seeds and fruit trees. Her biggest wish is to offer her children an education so that they can have good careers and help their family. This is her third loan and she has a good loan history.
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.
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