Sakhrab, age 40, raises and sells livestock and sells meat and milk. He was born into a simple, rural family and has worked with livestock for many years. He is very experienced and has the special skills in livestock care that have helped him to develop his business successfully.
Sakhrab is requesting a loan of 1,000 AZN, which will enable him to purchase a second dairy cow and two cattle. The second cow will enable him to increase the milk he produces and will provide additional income security for the family. Sakhrab and his wife have three children. The additional income expected from this loan will allow Sakhrab to provide for his family, take good care of his cows, and supply his neighbors with quality milk.
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.