Samir I. has raised cattle and farmed for 10 years. He has a daughter and the responsibility of providing food for his home. He has been able to improve his family’s financial situation thanks to the excellent care that he has given his animals. Today Samir needs to buy calves to raise so he can raise and sell them at the optimum time. Samir is requesting a loan from AqroInvest Credit Union to buy these animals and raise them so that, in time, their sale can support his family.
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.