Tayyar Q., 54, is married and has four children. He lives in Imishli city and works with his family in the agricultural industry and at his petrol station business. Many years ago he decided to cultivate his land to generate more income to support his family. Now he applied for a 800 AZN loan to purchase seeds, fertilizer and one calf.
Tayyar enjoys doing this job and his monthly income is about 300-500 AZN,
With his last loan, Tayyar improved his petrol station, which he already successfully repaid.
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.