Funded

Total loan: $1,275
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Ali

Azerbaijan
Bilasuvar, Azerbaijan / Animal Sales

A loan of $1,275 helped to expand the business by buying new calves.


Ali's story

Ali is 54 years old, married and has one kid. Ali is an IDP (internally displaced person) and lives with his family in the Bilasuvar IDP Settlement. He is a hard-working person who takes care of his family by doing business in animal husbandry. Ali raises cattle to sell the meat. He has been in this business for 10 years. His wife supports him in the business. The business takes a lot of effort, but together they run it successfully. He sells the meat in the central bazaar where the demand for meat is high. People in Azerbaijan consume plenty of meat because it is used in most dishes. Some traditional meals like kebabs, dolma and others require beef in their preparation. His profit is 130 AZN monthly. Ali is applying for his first loan of 1,000 AZN in order to expand the business by buying new calves. He plans to raise these calves, fatten them, and sell more meat for the coming traditional holidays, when the demand for beef will increase. He awaits your support



Loan details

Loan length:

14 months
Disbursed date: August 15, 2013
Facilitated by Field Partner: Aqroinvest Credit Union

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: August 15, 2013
Facilitated by Field Partner: Aqroinvest Credit Union