Sharafat lives in Saatli. He is married and the father of three children. He has been running a business of selling construction materials, such as cement and fuels, for more than three years. He makes his sales from his own house, which allows him to have many clients and customers while at the same time be engaged in a cattle-raising business together with his wife. Currently he is asking for a 1,100 AZN loan to purchase young cattle. He has five years of experience in cattle breeding.
Being a very accurate person by nature, he is sure, and would like to ensure the lenders, that he is able to pay the loan on time without any violations.
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.