Niyamaddin R. is 37 years old. He buys and sells bulls from different markets and has been in business for the past eight years, when his salary as a school teacher wasn’t enough even for a loaf of bread. His main customers are butchers and livestock farmers. Niyamaddin is married and the father of three children. With the loan he requested, he plans to purchase more bulls for trade and this, he says, will increase his turnover.
His dream is to have his own farm one day. Lets do our best to help Niyamaddin approach his dream.
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.