Elmira M. is a hardworking woman. She is devoted to raising animals, especially cattle, which she buys and, after fattening, sells in the local market. In this manner, she obtains the income that she needs. Over many years, this has allowed her to earn enough income to help her husband with the family expenses. In order to increase her income and revitalize her business, Elmira is requesting a loan of 1,600 AZN to purchase calves. This will enable her to increase her sales, to earn more, and to meet the needs of her four children.
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.