Sanubar A. is a 53-year-old woman who dedicated her life to raising cattle. She is married and has five children. Sanubar is not alone in her business and her husband actively helps her. She lives in the small village of Saatli.
Sanubar applied for a 1,100 AZN loan to purchase more cattle. She will buy calves with this loan and, after fattening them in the next three months, will sell them for a profitable price.
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.