Azar A. is 31, married, and has two children. He has been engaged in cattle breeding since 2008. Together with his wife Azar, they have been raising one cow. He sells milk and milk products to the local people. This is the only financial source for Azars`s family and he's trying his best to cover all the needs of his beloved children. Now he has applied for a 1000 AZN loan to purchase one more dairy cow and increase his monthly turnover.
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.