Ilqar Q. is 42 years old, married, and has two children. His main work consists of breeding cattle. This very profitable activity enables him to provide for the needs of his family. His monthly income is 250-300 AZN. A very ambitious man, Ilqar would like to buy more cattle and build a barn to house them in order to ensure their safety. Due to a lack of finances, Ilqar is asking for a loan of 1000 AZN to purchase more cattle.
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.