Vasif is 31 years old. He is an Internally Displaced Person who has suffered from the war and has lost everything. He started his new livestock breeding business in Bilasuvar, where he is now living.
Vasif is married and has two children. He has a great passion for dairy farming and has been in this business together with his wife for 5 years. Vasif would like to expand his business by adding more cows to the ones he now has. This is because he has recently acquired orders from outside his town to supply milk. He is requesting a loan of 1100 AZN.
With the additional income earned, Vasif will be better able to meet his family's financial obligations, especially to pay for the future education of his children.
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.