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Afruz is 58 years old and an IDP. She is a widow and lives with her only son in an IDP settlement. The son helps his mother earning money as a laborer. Afruz raises fruits and vegetables in her garden and sells them at local bazaar. That is Afruz’s business and she has working in this area for 30 years. Her monthly income is 160 AZN.

People prefer to buy fruits and vegetables from private gardens, because they are naturally raised and cheaper. People know that such products are always fresh and healthy; they are not grown with pesticides and harmful. During long years of experience, Afruz learned how to cover her customer demand. So selling fruits and vegetables grown at home is popular and cheaper for people to buy them in bazaars than in big markets.

Afruza’s income doesn’t allow covering her customer's demands. She is planning to expand her garden and grow more seasonal fruits and vegetables. Afruza wants her son to get a high education and have a good life. She applied for 1500 AZN in order buy new fertilizer and expand her business.

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
  • 31
    View loans »
    Azerbaijan Loans Fundraising
  • $14,902,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Afruz buy new fertilizer.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Mar 7, 2014
Mar 21, 2014
Currency Exchange Loss:
Oct 17, 2015