Arzu A. is a 44-year-old woman with two children. She has bred cattle for the last ten years. Poverty and lack of jobs pushed her to start her own business. As Arzu had previous experience working on a farm, her business has gone well and today, she has five cows. She also has enough room and fodder for even more cattle. So she decided to take a loan of 900 AZN and purchase more cattle and sheep. She wishes to increase her current income from 250 AZN to 500 AZN and the loan will allow her to do that. With her first loan from KIVA she was able to improve her business and recommended herself as a trust-worthy client of AqroInvest.
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.