Elchin Q. is a a cattle farmer. He has earned a living from raising cattle since he was young. He buys small calves in the livestock bazaar, fattens and raises them, and then sells them at a profit. He has 6 years of experience in the business and knows his job very well. Elchin has applied for a 1000 AZN loan to purchase two calves.
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.