Seyidhuseyn J., age 52, is a sheep breeder and the responsible father of four children. He has always contributed to his family’s financial security by caring for his animals on a daily basis. He clearly remembers the time when he decided to become and independent businessman with a small number of animals and a small patch of land.
Seyidhuseyn has more than fifteen years of experience. Sheep-breeding is the main source of income for his family and generates the income that enables him to support his family and improve their living conditions.
Seyidhuseyn has applied for a loan of 1600 AZN to purchase 16 sheep.
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.