Ramzi M., 26, is a young and very successful businessman in Imishli. He owns a sheep herd that he raises for meat. He is a very enterprising person, and now he is going to open a small farm consisting of cows. To start it, he needs to first purchase one cow, and for this he has applied for a loan of $900 USD from Aqroinvest CU.
Aqroinvest Credit Union was founded by a group of 32 Imishli farmers in 2001, and has grown to become one of the largest credit unions in Azerbaijan. It boasts a portfolio of nearly $5 million and is wholly owned by its more than 3,500 borrowers, as of December 2011.