Samir A. keeps two cows and this is the only financial source for this family. He has been running his business since 2008 and sells milk products to the local milk farm, and there is also a high demand for this product among the local people. Samir is married and has two sons. He usually buys small calves for a good price, fattens, and then sells them at the Livestock Bazaar in Imishli city (1 hour away from his home city) once every 6 months. Now he has applied for a 1500 AZN loan to purchase two more cows.
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.