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Rajhab is thirty years old. He is married and has two sons. All members of the family live in an IDP (internally displaced persons) settlement. His wife is a housekeeper and raises the children. He is a farmer and raises seasonal fruits (apples, pears, cherries etc) and vegetables (cucumbers, greens, potatoes, tomatoes and so on). He sells all these products at the local bazaar to earn 180 AZN each month. He has been working in this field for five years and has good experience in gardening.

People like eating fresh fruit and vegetables because this is very good for their health. Besides that, people prepare different national dishes from vegetables and delicious sweet pies, cakes and jams from fruits. People prefer buying fruits and vegetables from Rajhab’s grocery. They visit every morning in order to buy all the products they need because his produce is always fresh and tasty.

Rajhab wants to expand his business and increase his monthly income. His current income isn’t enough to cover the children’s education and meet family’s demands. He applied for 1,100 AZN loan in order to buy high-quality fertilizers and garden tools. This is his second loan and he has a positive history as a client.

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
  • 54
    View loans »
    Azerbaijan Loans Fundraising
  • $14,691,500
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Rajhab to buy high-quality fertilizers and garden tools.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Mar 5, 2014
Mar 14, 2014
Currency Exchange Loss:
Oct 17, 2015