Nazakat is a 32-year-old woman who runs her livestock in the small village in the Imishli regions. She started her business in 2003 when she purchased her first calf. Now her business is going well, and she purchase calves and sells it to the local bazaar traders for meat production. Meat is a very popular product all across Azerbaijan and people use meat in their everyday life. Nazakat married and has one son. Breeding animals is the only one source of income in the family and she needs to expand her business and increase financial resources. She needs 1100 USD to purchase one milk cow for an estimated cost of 700 USD and one calf for an estimated cost of 400 USD.
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.