Teyyub Q. is 35 years old and married with two children. He has chosen to make his life on his land and work hard and grow with it. That is why he has dedicated himself to agriculture and the raising of cows. He has been doing this kind of work for a long time as he comes from a family with an agricultural background. Now he is the one to hand down all that experience to his children. Teyyub is requesting a loan of 1445 AZN to buy more cows in the hope of increasing his income and the well-being of his home. Support Teyyub so that he can accomplish his goals.
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.