Alisalam A. is a married 32-year-old man. He lives with his family in Mahammadali village in the Imishli region. He is a father to one son and one daughter. In 2007 he started his own poultry business to support his large, six-person family. It is the only source of income for his family.
This is the first loan Alisalam received from Aqroinvest and KIVA. He used the 1000 AZN loan to buy more chickens. After repaying this loan Alisalam plans to take out another loan to build a new hen coop.
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.