A loan of $2,300 helped to purchase two more cows.


Sirac's story

Sirac is a farmer with 17 years of experience. He is engaged in farming and animal husbandry. His family's only income is from the sale of dairy products and greens. Now he is 27 years old, married and father of two kids. Sirac is an internally displaced person (IDP), and lives with his family in the Bilasuvar IDP Settlement. He buys animals (baby cows) at low prices, raises them, and then sells them in the market at higher prices. He has a good approach towards business expansion and savings for the future. He makes enough through his business to contribute to the family income, but he needs to improve his business to meet the needs of his children. For the improvement of his business, he applied for a loan of 1,800 AZN to purchase two more cows. He is very experienced and has good contacts in the market. With this loan, he will definitely expand his business and income level. This is his fourth loan, and he has a good loan history.



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Loan details