Mubariz N. is 45 years old. He is married and has four children. Mubariz sells cattle; he purchases the small cattle in the central market, feeds them and than resells them at higher prices in the local market.
After 9 years in this business, Mubariz knows very well how to choose, breed and look after the animals. He gets up every morning in order to feed the animals and look after them. His knowledge and skills make his business successful and generate a stable, considerable income for his large family.
Mubariz is planning to enlarge his stock and purchase more cattle. He is requesting a 1,000 AZN loan to purchase young cattle and feed for them.
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.