Nuraddin O. is a 49 year-old-man, who lives with his family in Saatli region. He is head of big family. Nuraddin has three sons and a daughter and all of them are adults. He started his cattle-breeding business in 2007. Now he has 5 dairy cows. He sells dairy in local bazaar all week. His wife stays at home and does housework. Nuraddin works with his sons from very early in the morning. By improving and expanding his business Nuraddin wants to provide his children and wife with a better life. This is his second loan with AqroInvest and Kiva. He has successfully repaid previous loan. He requested 1500 AZN to buy three 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.