Cattle farming is an economic activity dedicated to the raising of animals in order to generate revenue from the animals and the products they provide. Elshad H. has earned a living from raising cattle since he was young. He's married and has two children who, according to Elshad’s words, are his reason for living. It should be said that the low incomes available to people in this rural area aren't enough to maintain a family and, for this reason, Elshad works enormously hard to provide a better standard of living for his wife and children.
Elshad urgently needs to buy animals such as cows and baby calves. He's applied for a loan of 1000 AZN.
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.