Rakhman H. is a 41-year-old married man who raises sheep. He is a hardworking man who has fought to provide for his family and to educate his three children. Rakhman has been running a business raising and selling sheep. He has 20 years of experience in this field. Since sheep raising and selling is a profitable business, Rakhman has become a very successful businessman in a very short period. He works very hard and spends all of his time with his animals, cleaning them, feeding them, and pasturing them. Now, Rakhman wants to expand his business and to buy more sheep. He has applied for a loan of 1606 AZN. Rakhman thanks all lenders for their support.
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.