Nemat J. is a 35 year old man who breeds cattle in the small village of Saatli city. He is married and has three children. Nemat has 3 years experience in this field. Currently he has three cows and his wife actively helps him. He sells milk and milk products to the local people but demand for milk products is higher than his cows can produce and this has pushed Nemat to purchase more cows to generate more milk. Nemat he has applied for a loan of 1000 AZN to purchase more cattle. This will allow him to increase his profit and improve the living conditions of his family.
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.