Polad I. is a 39-year-old man who lives in the southern part of Azerbaijan, an area called Bilasuvar. He is an IDP (Internally Displaced Person), who fled to Bilasuvar during the war in 1993. Polad is a diligent man and works very hard to cover all his family's needs. He has been raising animals for many years. He sells dairy products to the local bazaar traders and neighbours. Currently he has one calf and one milker cow. His poor financial situation has prevented him from buying a calf to expand his cattle-breeding business. Therefore, he has applied to Aqroinvest and Kiva for a loan. He used this loan to buy two more cows.
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.