Hazrat M. is 22 years old, young, married and diligent man. He was born in Saatli and now lives there with his young wife and infant-aged son. He began to raise livestock two years ago, and his father taught him how to do the work. Now he has two dairy cows and monthly income of family is nearly 200 AZN. The profit from his cattle-breeding business is the only source of income of family. His wife actively helps him in farming. This is his first loan from Aqroinvest and Kiva. He used this loan of 2000 AZN to buy three cows and feed for them. He needs the loan to buy three young cows and thus increase his herd. Hazrat's goal is to become the biggest cattle owner and thus be able to give his wife and child better living conditions.
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.