Khasay M. is a responsible father of three children. From the time he was a boy, he learned the honorable work of raising livestock, activities which were passed down from his parents and which today bring him satisfaction. Thanks to his valuable knowledge of the livestock trade, he has been able to obtain good results from his sales.
This enterprising gentleman’s wish is to invest more capital in young animals. Khasay hopes to continue his dedication to his work, believing that by improving his stock and feed, his cattle will bring better prices. For this reason, he is turning to you for the support that would permit him to continue developing his business.
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.