Teymur A. is a 28-year-old man. He is married and the father of two daughters - aged two and four. Teymur lives in the Bilasuvar region. He grew up in a working peasantry family. Cattle-breeding business is very agreeable to him, because he knows very well how to breed animals from his childhood. He breeds cattle and has been in this business for 10 years.
He took out the loan to buy calves. This is his first loan with AqroInvest and Kiva. With the help of this loan of 1000 AZN, Teymur will buy two more cows for his husbandry. Teymur's goal is to increase his products and thereby increase his household income.
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.