Nizami is 54 years old. He is married and has two children. Nizami was born into a simple rural family and has worked with livestock for many years. He raises and sells livestock, as well as sells their meat and milk. He is very experienced and has the special skills in livestock care that have helped him develop his business.
Nizami is requesting a loan of 1300 AZN to purchase a second dairy cow and two small calves. This second cow will enable him to increase the milk produced and provide more income security to the family when one of the cows is with calf. This income will enable Nizami to provide for his family, take good care of his cows, and supply his neighbors with quality milk.
Nizami already had previously received a loan from AqroInvest through KIVA, and has successfully repaid it.
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.