Ramiz A. is a 33-year-old man from Bilasuvar. He is married and the loving father of two children. After the birth of his daughter, Ceyran, and his son, Nusrat, life became harder for the young family.
Ramiz decided to start a cattle-breeding business. His wife does household chores and also helps him in the business. He has been doing this business for about four years and now his normal monthly income is around 300 AZN. Ramiz sells dairy in the local bazaar.
There were two cows in his farm but diligent Ramiz didn't want to stop there. That is why he requested a loan of 1800 AZN from AqroInvest and Kiva to buy four more cows. This is his first loan. Ramiz dreams of buying a piece of land for a larger farm.
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.