Nuriyya V. is a 41-year-old woman who lives in Imishli in the southern region of Azerbaijan. Nuriyya has raised livestock since 1999 and during these years she sold calves for meat production to the local bazaar traders and butchers. She is very proud to have her animals and she could feed the family. Nuriyya`s husband is person with special needs and he does not work. Two of her three sons are high school students. They help Nuriyya to look after calves. For the last two years life in the region has been getting harder and Nuriyya understands that her business of raising livestock is not enough to bring up her kids and earn enough money for a normal life . Now she would like to purchase calves and raise them up for milk cows and start dairy production. So she has applied for 1200 USD to purchase four calves for estimated cost 300 USD.each.
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.