Funded

Total loan: $1,550
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Shafahat

Azerbaijan
Bilasuvar, Azerbaijan / Animal Sales

A loan of $1,550 helped to buy three cattle and two milk cows.


Shafahat's story

Shafahat is 53-years-old. He is an IDP (internally displaced person) and lives with his family in the Bilasuvar IDP Settlement. He earns a living by breeding cows and cattle and sells their milk and milk products, as well as meat to local butchers. He has thirty years of experience in this field, thanks to his father who taught him how to look after cattle.

Shafahat usually buys small cows, raises and fattens them for five to six months and then resells them for a more profitable price to butchers. He sells milk and yogurt to neighbors. He earns about 180 AZN a month, in part because milk, yogurt, and meat are very popular products in Azerbaijan. People use meat in everyday national dishes, such as pilau and dolma, and always use yogurt. Milk products are seen as very healthy and are used daily.

Because his family has only one source of income, he is requesting a loan for 1200 AZN to buy three cattle and two milk cows. This will be his second loan. He has a good client history and plans to use the additional income he earns to care for his family.



Loan details

Loan length:

18 months
Disbursed date: October 31, 2013
Facilitated by Field Partner: Aqroinvest Credit Union

Lenders and lending teams




Loan details

Loan length:

18 months
Disbursed date: October 31, 2013
Facilitated by Field Partner: Aqroinvest Credit Union