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Shamil is 39 years old and lives with his wife, three children and retired parents. Samil has a big family and numerous problems. Together with his wife, they just do their best to provide normal living conditions for all of them. Samil is an IDP (internally displaced person) and lives with his family in the Bilasuvar IDP settlement.

He raises sheep and sells them for meat. He has been doing this business for six years and is a very hardworking person. He puts a lot of effort into this activity, because he wants to support his family without lacking financially.

Samil is keeping a flock of sheep in his own yard. He fattens them and takes their meat to the central bazaar, where butchers and customers purchase it. People use mutton for traditional dishes like kababs, dolmas, pilovs, etc.

This is going to be his fifth loan. He requires 2,000 AZN to purchase 15 sheep in order to sell more meat in the winter. Shamil is optimistic about this loan, because in winter more people consume meat, due to the holidays and increased customers in restaurants.

Additional Information

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.


About Azerbaijan

  • $10,800
    Average annual income
  • 23
    View loans »
    Azerbaijan Loans Fundraising
  • $14,902,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD
A loan of $2,550 helped Shamil to purchase 15 sheep in order to sell more meat.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Dec 16, 2013
Dec 22, 2013
Currency Exchange Loss:
Feb 20, 2014