Funded

Total loan: $2,300
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Raqif


A loan of $2,300 helped to buy new fertilizer and seeds.


Raqif's story

Raqif is a 33-year-old client who is married and has 2 kids. He is an IDP (internally displaced person) and lives with his wife in the Bilasuvar IDP Settlement. He is a Fuzulu refugee. He has been growing vegetables and fruits for more than 5 years. He is very hardworking and passionate about his work. He considers it fun to grow potatoes, tomatoes and cucumbers and to plant fruit trees with his wife. He sells his crops in the central bazaar to make profits in order to support his family. Raqif’s income from his business is about 130 AZN.

In order to improve the living conditions of his family, he plans to expand his business. This requires a lot of dedication and effort. He believes that in the near future his sons will help him to grow the business. Since the vegetable and fruit business is profitable and fun, he wants the business to continue and prosper. He has applied to Aqroinvest for a loan. This loan is for the purpose of buying new fertilizer and seeds. It will help him to grow more vegetables and fruits in order to obtain more revenue in the coming autumn, which will help him to cover his family’s needs.



Loan details

Loan length:

18 months
Disbursed date: August 23, 2013
Facilitated by Field Partner: Aqroinvest Credit Union

Lenders and lending teams




Loan details

Loan length:

18 months
Disbursed date: August 23, 2013
Facilitated by Field Partner: Aqroinvest Credit Union