Mahabbat H. is a married man who lives with his family in Bilasuvar. He is 32 years old and the father of two children 7 and 9. Mahabbat makes a living breeding cattle and selling meat and dairy products in the Bilasuvar bazaar and his wife helps him in his business. Before he started his business in 2006, his family lacked the means to cover all their expenses. Since then the business has been the only source of income for the family.
This is the first loan Mahabbat has received from Aqroinvest and KIVA. He used this loan of 1000 AZN to buy two cows and feed them. After repaying this loan, he plans to take out another loan to expand his business. Mahabbat thanks you for your support!
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.